Icelandair Group adjusts capacity for 2026
CAPA News Briefs
CAPA publishes more than 1,000 global News Briefs every week, covering all aspects of the aviation and travel industry. It’s the most comprehensive source of market intelligence in the world, with around 50 per cent of content translated from non-English sources. The breadth of our coverage means you won’t need any other news sources to monitor competitors and stay informed about the latest developments in the wider aviation sector.
Our daily News Briefs are only available to CAPA Members
Membership provides access to more than 1,000 News Briefs every week, with quick links to our Analysis Reports, Research Publications, Data Centre and more.
It’s easy to keep your News Briefs relevant by customising your email alerts based on topic, region, sector, frequency and more. Once you’ve saved your settings, you can stay up-to-date wherever you are, by quickly scanning our News Briefs online or via the CAPA mobile app.
Membership also provides full access to our Analysis Reports, in-depth Research Publications and comprehensive Data Centre. Premium CAPA Members can also access add-ons such as our exclusive Fleet Database, Airline Cask Data tools and more, to enjoy the full capabilities of our global platform.
Background ✨
Icelandair Group experienced higher than expected costs in 3Q2025, driven by the strong Icelandic krona and increased fuel expenses, with EBIT for 2025 now anticipated to be negative USD10 million to USD20 million. Despite revenue growth, fare pressure on the trans-Atlantic market persisted, and an unplanned aircraft lease added to overall costs, though liquidity remained strong1.