Air Transport World

Icelandair.(Europe)(Brief Article)

Corporate parent Flugleidir Group said the airline achieved in 2003 the second-best result in its 67-year history with pretax earnings of $18.3 million and a profit of $37 million. The group anticipates a healthy profit in 2004. Except for a 737-300F, Icelandair operates from its Keflavik home base an all-757-200/-300 fleet of 11 passenger aircraft plus a single 757-220F.

Sigurdur Helgason, president and CEO of Flugleidir/Icelandair Group, attributed the company's results to the restructuring of operations in recent years, especially during and after 2001. …

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