Category Archives: Icelandair Cargo

Icelandair Cargo partners with FedEx and TNT

Icelandair Cargo made this announcement:

Icelandair Cargo handles all shipments to and from Iceland for FedEx and TNT, following a new three-year agreement going into effect in early 2020. After FedEx’s acquisition of TNT, FedEx and TNT have merged their operations, and aim to expand their operations in Iceland in cooperation with Icelandair Cargo. FedEx is one of the largest express transportation companies in the world, headquartered in the United States.

Following the agreement, some changes will be made to Icelandair Cargo’s flight schedule to Europe. With Liege being one of FedEx’s and TNT’s main airports in Europe, there will be a significant increase of flights to Liege in Belgium.

Icelandair Cargo will fly seven times a week to Liege and three weekly flights to the East Midlands in the UK. The company also continues its freight services to all of Icelandair’s 40 destinations.

Icelandair Cargo got a considerable boost following Icelandair’s decision to add Boeing 767 aircraft to its fleet, as these aircraft can transport significant amounts of cargo along with their passenger operations. Icelandair now has four Boeing 767s in its fleet. Icelandair Cargo’s estimates to carry almost 50,000 tonnes of freight this year, of which around 60% is transported the company’s passenger aircraft.

Icelandair aircraft photo gallery:

Icelandair route map:

 

 

Icelandair Group’s 2Q net profit jumps 29% to $18.5 million

Icelandair Group (Icelandair) (Keflavik) reported its second quarter net profit increased 29 percent to $18.5 million, up from $14.3 million for the quarter a year ago.

Read the full report: CLICK HERE

Icelandair Group Fleet Data:

Icelandair Group Fleet (8:2013)

Copyright Photo: TMK Photography/Airlinersgallery.com. Boeing 757-208 TF-FIJ (msn 25085) approaches the runway at Toronto (Pearson) after its flight from the Keflavik hub (near Reykjavik).

Icelandair: AG Slide Show

Icelandair reports a second quarter net profit of $14.3 million, considers acquiring additional aircraft types

Icelandair Group (Icelandair) (Keflavik) reported a second quarter net profit of $14.3 million.

In addition, in its report, the group stated it is looking at its fleet options with a long-term fleet strategy. Here is the official statement:

TWO OPTIONS CURRENTLY UNDER CONSIDERATION

  • |  Work in progress on a long-term strategy for Icelandair Group’s fleet
  • |  The work done in close co-operation with the manufacturers Boeing and Airbus
  • |  Other aircraft manufacturer are also being monitored
  • |  A decision on the future fleet will be made in near future
  • |  Options being evaluated:

Option 1: Single fleet of Boeing 757 aircraft until 2022

Option 2: Mixed fleet of Boeing 757 and smaller aircraft

Read the full report: CLICK HERE

Copyright Photo: Keith Burton. Besides utilizing its Boeing 757 fleet for scheduled passenger and charter operations, the flag carrier also operates the Boeing 757 as a freighter. Icelandair Cargo Boeing 757-23A PCF TF-FIG (msn 24456) climbs away from Southend with its additional “Absolutely Fresh” titles and logo for its fish-hauling operations.

Icelandair: 

 

Icelandair Group swings to the black with a second quarter net profit of $3.5 million

Icelandair Group (Keflavik) reported a 27 percent increase in passengers in the second quarter ending on June 30. The company was also able to swing back into the black with a net profit of $3.5 million.

Watch the PowerPoint presentation of the company: CLICK HERE

Icelandair Slide Show: CLICK HERE

Copyright Photo: Antony J. Best. Please click on the photo for background information on the carrier.

Icelandair Cargo adds this special logo to TF-FIG

Icelandair Cargo (Keflavik) has added this special logo to its Boeing 757-23APF TF-FIG.

Copyright Photo: Gunter Mayer. Please click on the photo for the full story.