Market News / Story
Icelandair (ICEAIR) September Load Factor 84.9%, Yield Up 14%
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Icelandair posted a record September load factor of 84.9% (up 3.2pp YoY) as yield rose 14% to 10.30¢ and ASK fell 8% YoY. Total passengers were 466K, down 3% YoY, with a 7% increase to Iceland and 11% from Iceland; connecting passengers fell 15%. Material Details #DetailAI Analyst View1Load factor 84.9%, up 3.2pp YoYHigher loads support revenue/unit economics, especially with reduced capacity.2Yield 10.30¢, up 14% YoYPricing power offsets lower capacity and supports…