Effect of the volcanic eruption in Grimsvotn on Icelandair Group
Keflavik International Airport has been closed since 9:00 AM yesterday due to the volcanic eruption in Grimsvotn. According to the newest weather and ash forecasts it is assumed that Keflavik airport will reopen tonight and flights will be back on schedule tomorrow. If those forecasts will realize and no further disruptions will occur related to the eruption Icelandair Group estimates that its economic damage due to this will be minimum and its EBITDA forecast of ISK 9.5 billion will remain unchanged.
For further information please contact:
Bogi Nils Bogason, CFO Icelandair Group tel: +354 665 8801
Iris Hulda Thorisdottir, Director Investor Relations Icelandair Group +354 8407010
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