Reykjavik Keflavik International Airport
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Keflavík International Airport (also known as Reykjavík-Keflavík Airport) is the largest airport in Iceland and the main international gateway to the country. Keflavík International is located 50km west of the Icelandic capital, Reykjavík, near the town of Keflavík. Wholly-owned by government corporation Isavia, Keflavík is a hub for Icelandair and Iceland Express. Traffic at Keflavík in the warmer months is over twice that reached during the winter period, with Icelandair, Iceland Express and SAS the only airlines to provide year-round scheduled service. Keflavík International handles only international service, with all domestic and other regional operations operating from the smaller Reykjavík Airport in downtown Reykjavík. Destinations served from Keflavík include major cities in the United States, Canada and Europe.
Location of Reykjavik Keflavik International Airport, Iceland
Ground Handlers servicing Reykjavik Keflavik International Airport
125 total articles
4 total articles
Icelandair recently announced planned capacity increases for 2014, with two new routes to North America and one new route to Europe and additional frequencies on two North American and eight European routes. This will grow its international flight schedule by 18%, on top of 16% planned growth in 2013, and take Icelandair’s international passenger number’s to 2.6 million in 2014. Looking further out, it has ordered 16 Boeing 737 MAX aircraft to add to its fleet from 2018 to 2021.
Part of one of Europe’s more profitable airline groups, Icelandair’s success in recent years owes much to its use of its Reykjavik hub to capture passenger flows between North Europe and North America. However, the global financial crisis and the heavy losses of 2008 and 2009 remain fresh in the memory. Moreover, although its markets are relatively less penetrated by LCCs, the environment is likely to become increasingly competitive. In terms of unit costs, Icelandair is efficient, but not low-cost. It cannot afford to stand still in this respect.
Iceland’s de facto national carrier is operating the largest schedule and the largest fleet in its 75-year history after increasing frequencies on existing routes, adding a ninth North American gateway and placing into service additional Boeing 757s. Icelandair commenced a four times weekly service from Reykjavik’s Keflavik International Airport to Denver in Colorado on 11-May-2012, expanding its network in North America to nine destinations (two in Canada and seven in the US). The new route to Denver is an extension of Icelandair’s expansion strategy which builds on the country's geographical location mid-way between North America and northern Europe.
The airline’s predecessor Loftleidir pioneered sixth freedom rights and low-fare trans-Atlantic travel via Iceland in 1953 and in 1990 Icelandair was the first airline to offer scheduled trans-Atlantic flights on a 757. Icelandair now operates a single fleet of 757s aircraft across its entire international network, spanning 22 destinations in Europe and North America. The single-type fleet creates significant cost efficiency in terms of maintenance and training for crew and engineers.
The LCC Iceland Express launched four times weekly Keflavík-New York Newark service on 01-Jun-2010, with the carrier reporting that bookings on the route have been "very good". Owned by the Icelandic investment company Fengur, a sister company of Fons Eignarhaldsfelag, which took over the original owner, Northern Travel Holding, Iceland Express appears to have escaped the meltdown of the Icelandic financial services sector.
The decision by Icelandair to increase its route frequency on services to and from Glasgow and Manchester (UK) airports for the duration of the Northern Winter schedule 2009-10, by merging them into a circular route, and to connect them to existing trans-Atlantic services, is indicative of the chameleon-like nature of the airline. It also furthers its renowned capacity to operate in at least two diametrically juxtaposed markets at the same time; something it has been doing, in one guise or other, for the best part of five decades.
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