Tag: resignation of CEO

Icelandair Struggles Despite a Hot Local Tourism Market

Reading Time: 1 minute Icelandair shares fell sharply in the first trading of the day on the Iceland Stock Exchange, RÚV reports. Just before 10.00am, the company’s exchange rate had fallen by nearly 20%. Björgólfur Jóhannsson, CEO of the company, announced his resignation and the company’s projected profits were lowered. Björgólfur stated earlier this month that Icelandair was well-positioned to […]