Oct 23, 2024 / 08:30AM GMT
Bogi Bogason - Icelandair Group hf - President, Chief Executive Officer, Member of the Executive Committee
Good morning, and welcome to the presentation of Icelandair's Q3 results. My name is Bogi Nils Bogason. And here with me is Ivar Kristinsson, our CFO. As usual, we will go through a presentation. And following that, we will have a Q&A session, and please send these questions to the e-mail address, [email protected].
But before Ivar takes us through the financials in a little bit of details, I would like to mention some of the key points of the information we published yesterday afternoon. On the operational side, our team performed exceptionally well with a record on-time performance month after month, which results in a lower interops cost and also improved customer satisfaction.
The focus we have had on cost optimization is depicted in lower unit cost between years despite the high inflation environment. However, as seen in the second quarter, unit revenues were lower than last year because of softer demand on the market to Iceland. But despite the softer demand, we managed to
Q3 2024 Icelandair Group hf Earnings Call Transcript
2 days ago
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