Icelandair Group widens net loss in 1Q
Credit: Rob Finlayson
Icelandair Group reported a first-quarter 2017 net loss of $34.9 million, widened from the $17 million loss for the 2016 1Q. The first quarter of the year is traditionally the weakest of the year for many airlines, but Icelandair’s result was the heaviest 1Q loss it had suffered for several years...
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