newstodate.aero
Feb 21, 2019 (newstodate): The Icelandair Group has completed an organizational restructuring process to sharpen the Group's focus on its core business.
The operation and business activities of Icelandair Group and Icelandair are now integrated under a single executive director, the financial divisions of the companies have been merged, and Icelandair Cargo is now part of Icelandair.
-The reorganization puts the emphasis on the airline, and the passenger and cargo business are both important parts of this, says Gunnar Mar Sigurfinnsson, Icelandair Cargo Mng Dir and now also on the board of the new Executive Committee.
-Revenues from cargo operations are important for the group, and we are keen to control unit costs to stay competitive in a challenging market.
-Our first priority is to serve the home market with cargo capacity, operating two Boeing 757-200F freighters on routes between Iceland and Europe. Already years ago, we left the North Atlantic freighter market where unit costs would be too high to secure a sound business. Instead we carry belly-hold cargo in our passenger aircraft, and we have today no plans to add more freighters to the fleet.
-From Spring 2016, Icelandair added the first of now four Boeing 767-300ER aircraft that have greatly expanded our cargo capacity on routes to Europe and to North America, and we are also in the process of taking in a further six Boeing 737 MAX 8 and 9 aircraft in addition to the three MAX 8 already in the fleet. Icelandair will eventually have nine Boeing 737 MAX 8 and seven Boeing 737 MAX 9 aircraft by 2021.
-This gives us a cargo capacity sufficient to serve the home market and to carry also transit belly-cargo between North America and Europe.
-The backbone of Icelandair's fleet remains the Boeing 757 aircraft till 2025, and while this aircraft is not as fuel-efficient as the new aircraft it is still a good aircraft well-suited to the Iceland-Europe market. Together with new Boeing 737 aircraft and the wide-body fleet we are offering cargo capacity on Icelandair's network comprising 45 destinations.
-In the Icelandic market, WOW Air's cargo capacity has been reduced, but this decline in capacity in the market will not reflect on Icelandair Cargo's rates.
-Our focus remains on keeping our customers competitive and successful at their markets and to support that we have to make sure that they have competitive rates for our service, says Mr Sigurfinnsson.
The operation and business activities of Icelandair Group and Icelandair are now integrated under a single executive director, the financial divisions of the companies have been merged, and Icelandair Cargo is now part of Icelandair.
-The reorganization puts the emphasis on the airline, and the passenger and cargo business are both important parts of this, says Gunnar Mar Sigurfinnsson, Icelandair Cargo Mng Dir and now also on the board of the new Executive Committee.
-Revenues from cargo operations are important for the group, and we are keen to control unit costs to stay competitive in a challenging market.
-Our first priority is to serve the home market with cargo capacity, operating two Boeing 757-200F freighters on routes between Iceland and Europe. Already years ago, we left the North Atlantic freighter market where unit costs would be too high to secure a sound business. Instead we carry belly-hold cargo in our passenger aircraft, and we have today no plans to add more freighters to the fleet.
-From Spring 2016, Icelandair added the first of now four Boeing 767-300ER aircraft that have greatly expanded our cargo capacity on routes to Europe and to North America, and we are also in the process of taking in a further six Boeing 737 MAX 8 and 9 aircraft in addition to the three MAX 8 already in the fleet. Icelandair will eventually have nine Boeing 737 MAX 8 and seven Boeing 737 MAX 9 aircraft by 2021.
-This gives us a cargo capacity sufficient to serve the home market and to carry also transit belly-cargo between North America and Europe.
-The backbone of Icelandair's fleet remains the Boeing 757 aircraft till 2025, and while this aircraft is not as fuel-efficient as the new aircraft it is still a good aircraft well-suited to the Iceland-Europe market. Together with new Boeing 737 aircraft and the wide-body fleet we are offering cargo capacity on Icelandair's network comprising 45 destinations.
-In the Icelandic market, WOW Air's cargo capacity has been reduced, but this decline in capacity in the market will not reflect on Icelandair Cargo's rates.
-Our focus remains on keeping our customers competitive and successful at their markets and to support that we have to make sure that they have competitive rates for our service, says Mr Sigurfinnsson.