Icelandair posts higher 1Q net losses
Credit: Rob Finlayson
Icelandair reported a first-quarter net loss of $18.3 million, widened 38.6% from a $13.2 million loss in the year-ago period. However, the airline said the performance exceeded management projections. “At the start of the year we issued an EBITDA forecast for 2013 in the range of $115-$120 million...
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