Icelandair expects improvement on yields as local competitor Play enacts changes to its business model and significant capacity cuts on North Atlantic routes.
The agreements come well ahead of major aviation changes in the region, with the impending launch of international flights from Greenland’s capital Nuuk.
Icelandair’s new route to Nashville comes after the carrier signed a memorandum of understanding with Southwest Airlines to become its first interline partner.
Icelandair reported a second quarter (Q2) net profit of $0.6 million, versus $13.7 million in Q2 2023, negatively affected by softer demand to Iceland.
Icelandair returned to profitability in 2023, increased flight schedules for the summer 2024 season by 11% and plans to invest in slots at major airports.
Icelandair and Turkish Airlines have signed a codeshare agreement at the IATA AGM in Istanbul, Turkey, which will increase travelers' flight connection options.
In as little as two years Icelandair plans to welcome the Airbus A321 family into its current fleet of Boeing 737s, 757s, 767s, and De Havilland Canada DHC-8s.
SAS Scandinavian Airlines, Icelandair and Philippine Airlines set to launch flights on thinner long-haul routes during the northern summer 2023 season.
