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Icelandair revival a prelude to a battle with Iceland Express?

Analysis

Icelandair will increase scheduled services by 17% in 2011. The carrier will fly to a record 31 cities with the increased capacity estimated to create 200 jobs directly related to Icelandair's operations, in addition to related jobs in tourism. In peak season, Icelandair will offer 183 flights per week. This is the latest in a series of announcements from the flag carrier that suggests it has surmounted the very serious difficulties posed by the country's financial collapse, including a return to the Baltimore - Washington region that it vacated in 2008.

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