ICELANDAIR has continuously promoted the efficiency after the loss in 2024, leading to about 8 % of the growth in 2025 based on the size of a flat fleet.
The career based in Kefravik, which explains the fourth quarter of January 31st and a year's revenue, is planning to run 42 aircraft at peak this summer, as was conducted in 2024. Still, he states that he will expand his abilities. This is BOGI, the highest executive officer who explains that last year, it has recovered as “resource use” and better “resource use” from recovery from the recovery last year. It reflects that it focuses on Nils Bogason.
Bogathon says that the growth of the first quarter of 2025 is mainly driven by a recovery area of a lost career in 2024 seismic activity. After that, he explains that his growth will focus on the peak trip in July and August, and he started operating the second connection flight in April this April instead of ICELANDAIR. We are planning to extend the business further.
In the quiet fourth quarter of this year, Bogathon says that Iceland Air, which taps “new opportunities” created by Airbus A321LRS, will promote growth.
ICELANDAIR expects to win the first A321LR (the first air bus jet in business) at the end of last year and add three ahead of summer. This type is replaced by the aging fleet of Boeing 757 twin gets.
As business continues to overhaul the fleet, Iceland Air Chief is leading the group's “one” transformation program in the last 12 months, focusing on achieving efficiency throughout the business. The office space -because he works towards the long -term goal of eBit margin of 8 %.
ICELANDAIR recorded $ 1.57 billion, with a $ 14 million -year EBIT loss and a net loss of $ 20 million, as far away from the goal last year.
However, Bogazon has improved its performance in the fourth quarter after the spring and summer period of 2024, when demand for traveling to Iceland was violently seen in its seismic activity. He believes that it will continue to improve until 2025, when the group has led the EBIT $ 40 to 60 million dollars throughout the year.
He adds that “rationalization” of fuel cost and capacity in Keflavik's other carriers also support group finances.
As of December 31, 2024, the fleet of ICELANDAIR as of December 31, 2024, in addition to one A321LR, the maximum jet of 21 and the maximum 8s of the 21 and the maximum 957, three 767, three 767, de Havilland Canada dash 8s, And one 767 cargo ship was featured.
Frekiva, a base in Uzbekistan, is currently wet wet leasing two more 757 from Iceland Air.
