Icelandair Group has reported a second-quarter EBITDA of $50.3 million, up 11.3% from $45.2 million in the year-ago period, due to profitable organic growth and lower fuel prices. According to a company statement, transport revenue was up 2%, with total revenue down 1%. Equity ratio was 36% at the end of June. Icelandair said net cash from operations was $86.7 million. Icelandair Group president and CEO Björgólfur Jóhannsson said the principal reason for the improved ...

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