Positive results from the 2019 operations of Isavia

News Airports news
Despite the considerable decrease in the number of tourists last year, the results of the Isavia group were positive by ISK 1.2bn after taxes, a decrease of around ISK 3.1bn from the year before. If account is taken of the write-down of accounts receivable due to the bankruptcy of WOW air, the decrease between years amounts to ISK 1.2bn. The year’s income decreased by approximately ISK 3.3bn, which is a decrease of around 8%. Cash and cash equivalents amounted to approximately ISK 9.2bn at the end of 2019.
Full story: https://www.isavia.is/en/corporate/news-and-media/news/positive-results-from-the-2019-operation-of-isavia