The operating income of the Icelandair Group was on an upward trend over the past decade. However, in 2020 and 2021, the operating income decreased drastically, dropping to about 584.9 million U.S. dollars in 2021. The large decrease in income came as a result of the COVID-19 pandemic, which forced planes to be grounded and restricted the movement of individuals for most of 2020 and 2021. The airline's operating income partially recovered in 2022, when it totaled just under 1.3 billion U.S. dollars.
Annual operating income of the Icelandair Group from 2014 to 2022
(in million U.S. dollars)
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Operating income in million U.S. dollars
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Icelandair Group. (June 12, 2023). Annual operating income of the Icelandair Group from 2014 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/682470/annual-operating-income-of-icelandair-group/
Icelandair Group. "Annual operating income of the Icelandair Group from 2014 to 2022 (in million U.S. dollars)." Chart. June 12, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/682470/annual-operating-income-of-icelandair-group/
Icelandair Group. (2023). Annual operating income of the Icelandair Group from 2014 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/682470/annual-operating-income-of-icelandair-group/
Icelandair Group. "Annual Operating Income of The Icelandair Group from 2014 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 12 Jun 2023, https://www.statista.com/statistics/682470/annual-operating-income-of-icelandair-group/
Icelandair Group, Annual operating income of the Icelandair Group from 2014 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/682470/annual-operating-income-of-icelandair-group/ (last visited June 18, 2024)
Annual operating income of the Icelandair Group from 2014 to 2022 (in million U.S. dollars) [Graph], Icelandair Group, June 12, 2023. [Online]. Available: https://www.statista.com/statistics/682470/annual-operating-income-of-icelandair-group/