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24-Mar-2017 9:12 AM

Isavia EBITDA up 47% in 2016

Isavia reported (23-Mar-2017) the following financial and operating highlights for 2016:

  • Revenue: ISK33 billion (EUR275.5 million), +27% year-on-year;
  • Operating costs: ISK24.2 billion (EUR202.2 million), +20.2%;
    • Labour costs: +26%;
  • Operating profit: ISK6.9 billion (EUR57.6 million);
  • EBITDA: ISK8.9 million (EUR74.3 million), +47%;
    • EBITDA margin: 27%, +4 ppts.
  • Aircraft movements: +13.5%. [more - original PR - Icelandic]

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