Airlines
Icelandair’s ‘Strong’ Outlook Follows Solid Covid Recovery
The Icelandic flag carrier plans to operate its largest network ever as it takes delivery of more Boeing 737 Max twinjets.
Icelandair Boeing 737 Max on takeoff
Icelandair plans to take delivery of four more Boeing 737 Max 8s this year, bringing its fleet total to 20. (Photo: Boeing)

Icelandair has mapped out “very ambitious” growth plans for 2023 and is preparing to operate 15 to 20 percent more available seat kilometers than it did last year, resulting in “by far the highest connectivity” in its history.

The expansion comes despite a challenging business environment, marked by high inflation, increasing costs, and volatile supply chains. “We are, however, confident that people will continue to prioritize travel… as we see reflected in our near-term booking flow,” said Icelandair Group president and CEO Bogi Nils Bogason during the company’s full-year results call on Friday. The airline registered record sales for the month of January and all markets are performing well while North America shows “significant strength,” he noted.