Icelandair continues to grow on transatlantic routes, but the carrier’s expansion is affected by capacity limits at its Reykjavik hub and increasing competition from low-cost carriers (LCCs). “In 2016, Icelandair has grown over 20%; this year we expect 12% growth. Around 50% of our business includes transfers between North America and Europe,” Icelandair Group president and CEO Björgólfur Jóhannsson told ATW in an exclusive interview at the IATA AGM in ...

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