newstodate.aero

Nov 22, 2023 (newstodate): With the ground under parts of Iceland trembling from seismic turbulence, Icelandair is seeing incoming tourism slowing down.
   -Currently, this activity has not impacted flight operations at Keflavik International airport and all Icelandair flights are operating as normal, says the Icelandair Group in a release.  
   -Due to this situation, however, booking flow for inbound tourists to Iceland has slowed significantly for the near-term. The current situation thus affects revenue generation for the remainder of the year, as tourists to Iceland are an important factor in revenue generation for November and December.
   -With this situation ongoing, the guidance provided to the market on September 13, 2023, no longer applies, and because of the uncertainty it is not possible to provide an accurate guidance for the full year. However, the Company still expects to return net profit after taxes in 2023, the release reads.
   Until the tremors started, Icelandair still saw a healthy rebound in this year's passenger volumes.
   In October 2023, Icelandair thus transported 364,000 passengers, up nine percent, y-o-y, and in January-October '23, the airline saw its passenger volumes up by 18 percent, y-o-y.