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Icelandair Group hf (ICEAIR.IC)

ICEAIR.IC on Iceland Stock Exchange

23.75ISK
9 Dec 2016
Change (% chg)

0.10 kr (+0.42%)
Prev Close
23.65 kr
Open
23.65 kr
Day's High
23.85 kr
Day's Low
23.65 kr
Volume
16,506,883
Avg. Vol
18,985,333
52-wk High
38.90 kr
52-wk Low
22.90 kr

Latest Key Developments (Source: Significant Developments)

Icelandair Group: November passenger load factor (international flights) up at 79.0 pct
Tuesday, 6 Dec 2016 02:49am EST 

Icelandair Group hf : Number of passengers (international flights) in November was up by 20 pct as compared to November last year . November passenger load factor (international flights) was 79.0 pct compared to 78.3 pct last year . Says load factor has never been higher in November (international flights) .November load factor (passengers on domestic and Greenland flights) was 67.2 pct, decreasing by 7.4 percentage points.  Full Article

Icelandair Group Q3 EBITDA up at USD 161.8 mln
Friday, 28 Oct 2016 01:26am EDT 

Icelandair Group Hf : Said on Thursday that Q3 EBITDA USD 161.8 million, as compared to USD 155.6 million in corresponding quarter last year . Profit after taxes USD 102.8 million over Q3, as compared to USD 103.1 million in preceding year . Company's EBITDA forecast in the amount of USD 210-220 million for the operating year of 2016 remains unchanged .It is expected that passenger revenue will reduce still further in the fourth quarter as a result of a greater decline in average fares than foreseen.  Full Article

Icelandair Group: Number of passengers on international flights in September up by 23 pct
Thursday, 6 Oct 2016 04:15am EDT 

Icelandair Group Hf : Number of passengers on international flights was up by 23 percent as compared to September last year . Capacity increase compared to September 2015 was 28 percent .Passenger load factor (international flights) was 81.1 percent compared to 83.1 percent last year.  Full Article

Icelandair Group: Continued growth in international flights in 2017
Monday, 3 Oct 2016 05:28am EDT 

Icelandair Group hf : Continued growth in international flights in 2017 . Icelandair, a subsidiary of Icelandair Group, will see its international flight schedule in 2017 expand by about 13% from 2016 . Icelandair number of passengers is projected at 4.2 million in 2017, an increase of about 450 thousand from 2016 .Says Icelandair sees available seat kilometres will increase by 13% next year, while number of flights will increase by 8%.  Full Article

Icelandair Group: July number of passengers improves 18 pct year on year
Tuesday, 9 Aug 2016 01:19am EDT 

Icelandair Group hf : Reported on Monday that July number of passengers was 491,007 versus 414,678 in July 2015 .July load factor falls to 87.7 pct from 88.9 pct in July 2015.  Full Article

Icelandair Q2 EBITDA rises to $52.4 million
Thursday, 28 Jul 2016 01:24am EDT 

Icelandair Group hf : Reported on Wednesday Q2 operating income of $331.4 million versus $294.2 million year ago . Q2 EBITDA of $52.4 million versus $50.3 million year ago . Net cash from operating activities $119.6 million versus $86.7 million last year . Operating conditions set to be more difficult in the second half of the year .Says outcome of the Brexit referendum creates market uncertainty.  Full Article

Icelandair: Number of passengers on international flights up 20 pct in June
Wednesday, 6 Jul 2016 05:17am EDT 

Icelandair Group Hf : Carried 440 thousand passengers on international flights in June . June number of passengers (international flights) was up by 20 pct as compared to June last year . Number of passengers (domestic and Greenland flights) was 29 thousand in June, increasing by 3 pct between years . June load factor was 68.3 pct compared to 74.4 pct last year . Capacity was increased by 12 pct compared to June 2015 . Says decrease in load factor is due to maintenance work on Bombardier Q200 aircraft that company operates .Says demand for flights to Greenland was lower than in June last year.  Full Article

Icelandair: Number of passengers on international flights up 20 pct in May
Monday, 6 Jun 2016 01:00am EDT 

Icelandair Group Hf : Carried 320 thousand passengers on international flights in May . May 2016 number of passengers (international flights) was up by 20 pct as compared to May last year .May 2016 passenger load factor (international flights) was 77.5 pct, compared to 79.7 pct in May 2015.  Full Article

Icelandair Group hf lowers FY 2016 EBITDA guidance
Thursday, 28 Apr 2016 02:04pm EDT 

Icelandair Group hf:EBITDA guidance for FY 2016 lowered to $235 million-245 million.  Full Article

Icelandair Group proposes FY 2015 dividend of ISK 0.70/shr; issues FY 2016 EBITDA guidance
Tuesday, 9 Feb 2016 02:15am EST 

Icelandair Group hf:Proposes dividend payment of 0.70 Icelandic crown per share for FY 2015.Says EBITDA guidance for FY 2016 assumes an increase from FY 2015 up to a range of about $245 million - $250 million.  Full Article