May 4, 2020 / 6:56 PM / a month ago

BRIEF-Icelandair Group Says Considerable EBIT Improvement In First Two Months Of 2020

May 4 (Reuters) - Icelandair Group hf:

* REG-CONSIDERABLE EBIT IMPROVEMENT IN THE FIRST TWO MONTHS OF 2020

* ICELANDAIR GROUP HF - CONTINUED EBIT IMPROVEMENT YEAR OVER YEAR IN JANUARY AND FEBRUARY OF USD 21.5 MILLION

* ICELANDAIR GROUP HF - COVID-19 PANDEMIC AND MULTIPLE TRAVEL RESTRICTIONS HAD A SIGNIFICANT IMPACT ON REVENUE AND EARNINGS IN MARCH

* ICELANDAIR GROUP HF - COVID-19-RELATED ONE-OFF COST IN QUARTER AMOUNTED TO USD 181.0 MILLION

* ICELANDAIR GROUP HF - TOTAL LIQUIDITY OF USD 281.0 MILLION AT END OF MARCH 2020 Source text for Eikon: Further company coverage:

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