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If We Look at Icelandair's Operations, There Is Almost No Room for Wage Increases in Dollars.

Summary by Vísir
The weakening of the US dollar last year had a significant negative impact on Icelandair's results and largely explains the airline's operating loss despite solid revenue growth and recovery in the fourth quarter, according to a stock analyst. The company's valuation is slightly higher in a new analysis, which highlights that if management is to manage the business properly, there is almost no room for salary increases in US dollars.
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The weakening of the US dollar last year had a significant negative impact on Icelandair's results and largely explains the airline's operating loss despite solid revenue growth and recovery in the fourth quarter, according to a stock analyst. The company's valuation is slightly higher in a new analysis, which highlights that if management is to manage the business properly, there is almost no room for salary increases in US dollars.

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Vísir broke the news in on Friday, February 13, 2026.
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