Thursday, 12 March 2020

Icelandair gets ready to cut more flights

The expansion of the COVID-19 virus is increasingly affecting the demand for international travel and the Icelandair Group has confirmed that it will be cutting back on its flight schedule.  

Due to further decline in demand and bookings in recent days, the airline said in a statement on Tuesday, it was reviewing its flight capacity for March and April and "further capacity reductions, in addition to what was announced last Friday, are to be expected. Icelandair currently has around 3,500 flights scheduled in March and April. Changes in the flight schedule will be made public as soon as the review is finalized. These measures are taken to mitigate the risk and financial impact on the Company."

The airline has been struggling financially in recent times and has been feeling the effects of the Boeing 737 Max grounding as well as a drop in passenger numbers using the carrier to fly from Europe to North America. 

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