Icelandair said its first-quarter results should be better than forecast at the beginning of the year, largely as a result of increased sales and better fleet utilization. In an interim first-quarter financial statement, the airline said it expected its EBITDA for the quarter to be negative in the range of $2 million to $4 million. Load factor on international flights was 4.9 percentage points higher than the year-ago quarter, and the exchange of the euro to the US dollar had been more ...

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