Icelandair had one scheduled departure from Keflavík International Airport today. Only one Icelandair flight departed from the airport yesterday and the schedule shows a single departure tomorrow and two on Wednesday. Nine airlines are currently flying to and from Iceland. RÚV reported first.
Icelandair operated flights to Copenhagen, Denmark and London, England last weekend. The airline is operating flights to Boston and Amsterdam in the coming days as well.
There are around five departures scheduled departures per day at the airport. Other airlines show upcoming departures to Riga, Latvia; Warsaw, Poland; Nuuk, Greenland; and Frankfurt, Germany. EasyJet is operating one flight daily from Keflavík to Luton Airport, London.
Icelandair recently completed a successful public share offering, a key facet of its financial restructuring. A successful offering was a prerequisite of a state guarantee of 90% for a line of credit for up to $120 million (about ISK 16.5 billion). Though it has received government support in various forms since the COVID-19 pandemic began, the privately-owned airline has struggled, cancelling nearly three-quarters of its September flights.
“We simply can’t fly flights where there are few passengers and very little demand and we can’t fly flights at an operational loss. That simply doesn’t add up in the long term and not in the short term either in the situation we are in now,” stated Bogi Nils Bogason, Icelandair’s CEO.