Icelandair Q3 net profit jumps 69% to USD 96.7 million; revenue rises 12% to USD 655 million

By Public Technologies
  • Icelandair’s Q3 2026 net profit jumped 69% year-on-year to USD 96.7 million.
  • Revenue rose 12% year-on-year to a record USD 655 million, while quarter-end liquidity reached USD 550.3 million.
  • EBIT increased to USD 120.3 million despite a USD 4 million hit from September’s aircraft maintenance technicians’ strike.
  • Fleet renewal remains a priority, including preparations for the arrival of the Airbus A321XLR.
  • Full-year 2026 EBIT is expected to be negative USD 20–30 million, with continued cost pressures expected to weigh on fourth-quarter profitability.


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