Icelandair shares plummet

 Icelandair shares keep going down after falling sharply on Friday. Shares have gone down by 5.3 percent.  

On Thursday the annual report of 2018 was published showing that the company had lost 6.7 billion ISK due to "increase in competition in international fights, low cost fares and higher petrol prices."

On Friday, directof of Icelandair Bogi Nils Bogason said to that this year the company aims to do better and increase flights to Europe, including a new destination, Dusseldorf in Germany. 




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Exchange rates

USD USD 119.09 EUR EUR 134.30
GBP GBP 152.64 DKK DKK 18.00
NOK NOK 13.74 SEK SEK 12.81
CHF CHF 118.30 JPY JPY 1.08
ISK price of selected currencies, according to the official exchange rate of the Central Bank of Iceland. Updated daily.