Search Results forIcelandair
Icelandair joins the mobile data global jet set with eSIM Go
eSIM Go announced that Icelandair is launching its new eSIM mobile data services as a ‘Powered by Breeze’ partner. The Icelandic flag carrier becomes the latest global travel brand to offer Breeze eSIM mobile data bundles from eSIM Go, harnessing the opportunity to maximise customer loyalty and success, as well as generating additional revenue. Icelandair customers enjoy the superior choice, convenience and quality of Breeze’s mobile data packages for use at their stopover, arrival and onward destinations (covering 150+ countries and regions) from a co-branded Icelandair and Powered by Breeze proposition. Mitch Fordham, CRO and Co-Founder at eSIM Go, said: “We’re extremely pleased to welcome Icelandair aboard and look forward to collaborating closely to drive strategic value over and above eSIM bundle sales. Choosing eSIM Go and our readymade Powered by Breeze modeI enables a fast-start into eSIM opportunities with a compelling offer for transatlantic travellers. But the deeper strategy is less about quick wins and more about making these customer engagements longer lasting, which we support through data analytics, application whitelisting and other features of our platform. Icelandair is renowned for its innovation, customer service and never compromising on quality, and this partnership is fully aligned with those principles.” With its main hub in Reykjavik, Icelandair is uniquely positioned to offer one-stop transatlantic connections to and from a host of destinations in North America and Europe; routes with a high concentration of passengers facing extortionate roaming charges from their local (home) mobile operators, and therefore predisposed to low-cost, high-quality eSIM alternatives tailored to their travel needs. Icelandair is also committed to digital customer engagement via its website and mobile apps, and regards eSIMs as a way of enabling a more persistent customer experience. Helga Huld Bjarnadóttir, Director of Products and Services at Icelandair, said: "At Icelandair, we aim to offer our passengers an exceptional digital customer experience. We therefore couldn’t be more excited to offer eSIM data bundles which will enable our passengers to stay connected throughout their journey. We’re thrilled to partner with eSIM Go and together we’re committed to empowering our passengers with superior connectivity on their travels.”
Icelandair offers unmissable winter deals to Iceland and beyond
For travellers in the UK who want to get a glimpse of the Northern Lights, a trip to see one of the seven natural wonders of the world could be just around the corner for Brits this winter – because why not experience the magic of the Land of Ice and Fire in person? It’s great news for those keen for some exploration and adventure this winter, from today Icelandair are offering special rates on Icelandair flights for UK travellers that want to witness the amazing natural beauty of Iceland, or even the wonders of North America. Starting from the 14th September and running until the 26th September 2023, UK holidaymakers can get a fantastic deal on Icelandair return flights from London or Manchester to Reykjavik with prices beginning at £139 return in economy per person. Prices from Glasgow to Reykjavik start from £149 return in economy per person. Prices in Icelandair Saga Premium from London, Glasgow and Manchester to Reykjavik start from £409 return per person. For those UK travellers looking to travel further afield, Icelandair are also offering competitive rates as part of these flight deals from the UK to numerous destinations in North America from £399 return per person, including Chicago, Boston and New York.
Icelandair becomes the first airline to launch BAGTAG crew solution
Icelandair announces the launch of the BAGTAG Crew Solution. After a successful PoC, they are introducing the innovation upcoming October, making Icelandair the first airline to introduce the baggage check-in technology specifically designed for crew members. This revolutionary solution brings enhanced efficiency and convenience to the airline’s operations. The BAGTAG Crew Solution represents a significant leap forward in crew baggage management. By replacing traditional paper tags with electronic bag tags, Icelandair allows its crew members to streamline check-in procedures, eliminate paper waste and optimize the overall crew travel experience. “We are always looking for ways to improve efficiency within our operations. This simple, smart and environmentally-friendly solution will both streamline our processes and support our mission of offering smooth and enjoyable journeys – not only for our customers but also for our crew” – Haukur Reynisson, Vice President of Flight Operations Icelandair. The solution leverages backwards compatible plug and-play technology to simplify processes, reduce errors, and enhance baggage handling efficiency. Crew members can wirelessly transfer baggage information directly to the electronic tags via a secure connection using the Icelandair crew application. The required DCS connection to retrieve the baggage information was set up with BAGTAG partner Amadeus. As an Amadeus Altéa airline, Icelandair connected to the BAGTAG platform in a matter of weeks, enabling quick initiation of the PoC and integration of the solution. The electronic tags prominently display all relevant baggage information, including crew details, flight information, and bag identification, ensuring a seamless and streamlined experience for the airline’s crew. “We are thrilled to partner with Icelandair in launching the BAGTAG Crew Solution. Through this partnership, we will demonstrate the added value our crew solution can bring to the crew baggage handling process. We look forward to build on the success of our joint PoC and the potential it delivers for further advancements. – Jasper Quak, Managing Director BAGTAG. Upcoming October, the Icelandair crew will receive custom suitcases with a permanent BAGTAG.
Icelandair Q2 Results, highest profit since 2016
Icelandair shows profit of USD 13.7 million in Q2 – Highest since 2016. EBIT of USD 20.9 million, up by USD 19.6 million year-on-year. EBIT ratio 5%, improving by 4.7 percentage points between years. Profit of USD 13.7 million compared to USD 3.8 million in Q2 last year. Record operating income of USD 414.2 million, increasing by 26% year-on-year Record Q2 unit revenue (RASK) of 8.6 US cents, increasing by 8% year-on-year Leasing revenue up 41% year-on-year resulting in strong protability. Capacity increased by 17% year-on-year in the passenger network 2 million passengers carried; 19% more than in Q2 last year. Load factor of 83.6%, especially strong demand on North American routes Strong operating cash ow resulting in highest ever liquidity position of USD 521.2 million. Forward bookings for the next six months strong and above last year. Bogi Nils Bogason, President & CEO said: “Thanks to the outstanding work of our employees, we are proud to deliver the strongest results in the second quarter since 2016. Achieving a prot of USD 13.7 million was driven by record passenger revenue, historically high load factor, and improved yields in all our markets. Lower fuel costs due to the efciency of the Boeing 737 MAX aircraft and lower fuel prices also contributed positively to the results. In addition, our leasing business continued to perform very well and deliver strong protability. Delays in maintenance projects and implementation of aircraft led to aircraft shortage which we addressed by leasing additional aircraft in June to ensure the reliability of our ambitious ight schedule. This led to one-off costs that negatively impacted the Q2 results. Our cargo operation remained challenging, but we rmly believe that we will turn it around within the next few months with our strong focus on restoring protability. Bearing this in mind, the Q2 results demonstrate a strong underlying nancial performance and give us great condence for the future. All in all, the rst six months of the year have been eventful as we have prepared for our largest ight schedule yet when it comes to the number of destinations and frequency of ights. We introduced ve new destinations, implemented six new aircraft, carried 1.8 million passengers and recruited and trained almost 1,200 employees. The prospects for the second half of the year remain favorable with continued strong bookings, particularly from North America. Demand for ights to and from Iceland has been strong over the past months. Capacity through Keavik airport has also increased sharply to 20% above pre-Covid levels this summer and even more into next winter. This development is expected to impact yields and revenue growth in some markets in the second half of the year. However, we are well equipped to adapt to market conditions at any given time with our valuable infrastructure, very strong liquidity, and excellent team of employees. Our EBIT margin forecast for the full year remains unchanged in the 4-6% range and we therefore expect to deliver net prot for the full year of 2023.”
Icelandair: Trafc Data June 2023
In June 2023, the number of Icelandair’s passengers was 519 thousand, a 20% increase since June last year. A total of 1.8 million passengers travelled with Icelandair for the rst six months of the year, 31% more than at the same time last year. Passengers on international ights were 493 thousand in June, compared to 407 thousand in June 2022, an increase of 21%. Thereof, 43% were travelling to Iceland, 13% from Iceland and 44% were via passengers. The load factor was 86% and improved by 2.7 percentage points compared to June last year on 22% more capacity. Demand was particularly strong on North American routes with a load factor close to 90%, which is the highest it has ever been in the month of June. On-time performance on international ights was 67%, which is below the Company’s goals. Passengers on domestic ights were 25 thousand. The load factor on domestic ights was 78.8% and on-time performance was 91%, signicantly improving year-on-year. Freight, measured in Freight Ton Kilometers increased by 51%, driven by an increase in transit freight following the addition of two wide-body B767-300 freighter aircraft. Sold block hours in the leasing operation increased 5%. Route Network Jun 23 Jun 22 CHG (%) YTD 23 YTD 22 CHG (%) Number of Passengers Load Factor Available Seat KM (ASK´000,000) Revenue Passenger KM (RPK ´000,000) 85.9% 518,527 431,408 1,866.7 1,524.2 1,604.4 1,268.2 83.2% 2.7 ppt 22% 27% 20% 1,844,818 1,411,799 81.5% 6,581.0 5,306.9 5,365.9 3,973.9 31% 74.9% 6.7 ppt24% 35% INTERNATIONAL FLIGHTS Jun 23 Jun 22 CHG (%) YTD 23 YTD 22 CHG (%) To market (passengers) From market (passengers) Via market (passengers) 210,911 175,847 63,348 56,965 218,969 174,069 20% 743,897 588,887 11% 309,579 247,247 26% 657,739 451,607 26% 25% 46% Number of Passengers Load Factor Available Seat KM (ASK´000,000) Revenue Passenger KM (RPK ´000,000) Stage length (KM) On-Time-Performance (Arrivals) 86.0% 1,597.1 3,195 493,228 406,881 1,857.5 1,514.7 1,261.2 3,111 83.3% 2.7 ppt 27% 3% 67.0% 67.0% 0.0 ppt 21% 1,711,214 1,287,741 81.6% 23% 6,530.6 3,074 75.0% 5,262.1 5,327.2 3,938.7 3,068 33% 74.9% 6.7 ppt24% 35% 0% 74.3% 0.7 ppt DOMESTIC FLIGHTS Jun 23 Jun 22 CHG (%) YTD 23 YTD 22 CHG (%)
Icelandair offers unmissable winter deals to Iceland and beyond
For travellers who missed a glimpse of the Northern Lights in the UK earlier this year, a trip to see one of the seven natural wonders of the world could be just around the corner for Brits this winter – because why not experience the magic of the Land of Ice and Fire in person? It’s great news for those keen for some exploration and adventure this winter, from today Icelandair are offering special rates on Icelandair flights for UK travellers that want to witness the amazing natural beauty of Iceland, or even the wonders of North America. Running until the 12th June 2023, UK holidaymakers can get a fantastic deal on Icelandair return flights from London or Manchester to Reykjavik with prices beginning at £140 return in economy, or only £415 return to experience Icelandair’s Saga Premium class. Prices from Glasgow to Reykjavik start from £145 return in economy, with Saga Premium deals at only £399 return! For those looking to travel further afield, Icelandair are also offering competitive rates as part of these flight deals to numerous destinations in North America, including competitive rates from London: Orlando from £399 return Toronto from £399 return Seattle from £425 return Portland from £449 return The travel period for these impressive deals is from 1st November 2023 to 19th March 2024. Holidaymakers can book at the Icelandair website.
Icelandair takes off to Prague
Icelandair celebrated the commencement of its service to the Czech capital city, Prague, from Keflavík Airport in Reykjavik. The new seasonal service will operate four times a week, on Tuesdays, Thursdays, Fridays, and Sundays, through to October 2023. Upon landing, the passengers were welcomed to the city with a stately water salute from local fire trucks as the plane made its way to the terminal. The historic city of Prague’s popularity is ever-growing as a travel destination, and is a welcome addition to Icelandair’s strong network, for both connecting passengers and Icelanders alike. Bogi Nils Bogason, CEO of Icelandair: “Prague is an exciting addition to our strong summer schedule. The city has a lot to offer, including culture, art, history and cuisine. We see great opportunities in offering a morning flight to Prague that ties in well with our North American flights. Currently, there are few flight connections from Prague to the United States and Canada, so we pleased to be able to greatly improve connections between these markets, as well as offer convenient departure times between Iceland and Prague."
Icelandair celebrates five years of flying from Dublin
Today on 8th May Icelandair celebrates five years since it first began flying from Dublin, with the airline’s inaugural flight taking place on 8th May 2018. Since then, Iceland has become a popular destination for Irish people and vice versa, as the route has seen sustained commercial success. Launching with 6 flights weekly in the inaugural schedule, the service has seen an increase to 9 flights a week for summer 2023 (starting from June). The addition to Icelandair’s network has provided Irish travellers the option to fly direct from Dublin to Iceland, offering domestic & Greenland connections, as well as onward journeys to 15 destinations in North America, helping consolidate and strengthen the connecting flight service to and from the USA + Canada. The appeal for Irish people of a stopover before travelling on to America or Canada is a significant part of the offering, with the ability to add a 1-to-7-day stopover in Iceland at no additional airfare, allowing travellers to explore the wonders of Iceland when flying transatlantic - experiencing two destinations in one trip! Commenting on the significant anniversary, Icelandair CEO Bogi Nils Bogason said: “We hope people in Ireland will join us as we toast to many more years of adventure and exploration. Icelandair strives to continue offering a best-in-class service to those in Ireland as they explore the natural wonders of Iceland and travel beyond in North America.”
Icelandair and Airbus sign MOU for the purchase of upto 25 Airbus A321XLR aircraft
Icelandair and Airbus have signed a Memorandum of Understanding for the purchase of 13 Airbus A321XLR aircraft with purchase rights for additional 12 aircraft. The aircraft deliveries will start in 2029. Icelandair, however, plans to start operating Airbus aircraft in 2025 and is currently in advanced stage of negotiations in relation to four leased Airbus A321LR for that purpose. Further additions can be expected in the years thereafter. With the acquisition of the Airbus aircraft, Icelandair will complete the replacement of the Boeing 757. The agreed purchase price of the 13 aircraft is confidential. The financing of the aircraft is yet to be determined but the Company will explore financing options closer to the delivery dates. The A321XLR and A321LR aircraft are part of the Airbus A320neo Family of narrow-body aircraft that provide excellent range, fuel efficiency and lower carbon emissions. The implementation of the aircraft will reduce operating costs, further support Icelandair’s sustainability targets and offer exceptional customer experience through the aircraft design and unique features. The aircraft has around 190 seats in Icelandair’s layout. In comparison, the Boeing 757-200 aircraft has 183, whereas the 737 MAX 8 and the 737 MAX 9 have a passenger capacity of 160 and 178, respectively. The A321XLR aircraft has a range of up to 4,700 nautical miles (8,700 km), allowing Icelandair to operate it on its long-range destinations with opportunities to enter new markets. The A321LR aircraft has a range of up to 4,000 nautical miles (7,400 km) and will thus be able to service Icelandair’s current route network. The Boeing 757,767 and 737 MAX aircraft will continue to be important for Icelandair’s operations in the coming years. Icelandair has had a successful relationship with Boeing for decades and the aircraft have been a key to Icelandair’s success in the past. Until 2025, Icelandair will continue to operate a full Boeing fleet but following the first deliveries from Airbus, the Company will operate a mixed fleet of Airbus and Boeing aircraft. Bogi Nils Bogason, President & CEO of Icelandair: “We are happy to announce that we have now reached a conclusion regarding Icelandair’s future fleet. We have decided that the capable and fuel-efficient Airbus aircraft, A321XLR and A321LR, will become the successors of the Boeing 757 we are gradually retiring. The Boeing 757 has been the cornerstone of Icelandair’s operations since 1990. Its unique capabilities have underpinned the successful development of our extensive route network and competitive transatlantic hub by leveraging Iceland’s unique geographical location to connect North America and Europe via Iceland. The excellent Airbus aircraft will not only allow us to further develop our proven business model around transatlantic flights but also open opportunities for future growth by entering new and exciting markets.” Icelandair is the national airline of Iceland. Since its establishment in 1937, Icelandair has continuously expanded its route network, taking advantage of Iceland's unique geographical location as a hub midway between Europe and North America. In 2019, Icelandair carried 4.7 million passengers to 42 destinations in Europe and North America. The networks of Icelandair and Air Iceland Connect (AIC), which were recently merged into one strong network, are part of the Icelandair Group. The company is active in air cargo, logistics, aircraft leasing, consultancy and travel services. Icelandair Group is listed on Nasdaq Iceland.
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