Icelandair is expecting to report a full-year EBITDA at the top end of its $210-$220 million revised guidance, but has warned that EBITDA will drop to $140-$150 million in 2017 because of volatile market conditions. Updating the market Feb. 2, Icelandair described 2016 as a good year that will “be close to the upper limit” of its guidance, but added there is increased uncertainty in the short term. Icelandair had originally predicted a $235-$245 million EBITDA for 2016, but ...

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