All Icelandair Cargo articles
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News
Icelandair Group cargo division edges back into operating profit
Icelandair Group has recorded an improvement in its cargo operation, with a return to operating profit in the first quarter.The company stated that it is “on track” to deliver a full-year operating profit in the division after implementing a number of efficiency measures.The company's cargo business reported a first-quarter operating ...
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Icelandair Group expects to turn round loss-making cargo division this year
Icelandair Group is expecting its cargo operation to return an operating profit over the course of this year, after recent poor results.The company says it has a “clear plan” to turn around the cargo division, which generated full-year revenues of $88.3m – a fall from the previous year’s $90.8m.“Profitability in ...
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Icelandair Cargo's MD quits
Icelandair Cargo's managing director Gunnar Már Sigurfinnsson has resigned from his post after having worked as part of the Icelandair Group for over 20 years.The resignation will become effective immediately but Sigurfinnsson will continue to work within the company in the upcoming months and carry out a handover period with ...
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Icelandair Cargo joins US Airforwarders Association
Gunnar Mar Sigurfinnsson, Icelandair Cargo. Source: AfAIcelandair Cargo has joined the US Airforwarders Association (AfA) as the organisation looks to add Europe-based companies with a US office.The AfA said that the carrier had joined the organisation as it embarks on an expansion of its network in the US.The carrier will ...
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Icelandair Cargo takes delivery of second Boeing 767 converted freighter
Icelandair Cargo has taken delivery of its second Boeing 767-300 converted freighter and carried out the aircraft's first flight to Liege Airport.The aircraft (TF-ISP) is named 'Heimaey' and joins the carrier's first 767-300 converted freighter, received in December."Our second Boeing 767 freighter, TF-ISP (Heimaey), came home to Iceland yesterday in ...
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A new freighter arrives for Icelandair Cargo
Source: IcelandairIcelandair Cargo has taken delivery of its latest freighter as it continues to expand its airfreight operation.The carrier received its first B767-300 converted freighter last week, which will fly alongside its existing two B757-200Fs.The aircraft (TF-ISH) is named "Grimsey" and is one of two being converted by ST Engineering.The ...