Air Canada reports its best ever year in 77 years
Good times for Air Canada, who today reported 2014 full year adjusted net income of $531 million compared to $340 million last year. “In 2014, Air Canada achieved its best full year financial performance in the Corporation’s 77-year history,” said Calin Rovinescu, President and Chief Executive Officer, “…we served almost... Read more
Icelandair Group returns USD 67 million profit
Icelandair Group, the group which owns Iceland Air, Icelandair Cargo, a chain of hotels and various tourist based companies has reported a net profit of $67m USD, 18% up on last year. It’s been a turbulant time for Icelandair Group, with passenger numbers up in the period, but cargo shipments down. Björgólfur... Read more