Despite a 78% global increase in fuel prices, the airline said its larger Boeing 737 MAX fleet had a positive impact on unit fuel costs.

Icelandair Group President and CEO Bogi Nils Bogason said there is a big movement of people within the U.S., and the carrier is evaluating additional secondary cities to expand its North America network.

Lufthansa subsidiaries Swiss International Air Lines (SWISS) and Austrian Airlines have reached agreements with their employees to secure operational stability.