Economy
Freightops
At the risk of "thread creep"....
Not sure which economic articles you have been reading in the FT, but the article I read this week reported on McDonald's Hamburger Chain pulling out of Iceland due to the weak Krona.....I am struggling to think of another country in the world where McDonald's has pulled the plug?
I am not sure this is an endorsement of Icelandic economic strength???
Perhaps one reason why AAI has survived the economic storm so far, is down to the fact that like most aviation companies, their income is in USD, but they pay their (well paid?)Icelandic crew members in the extremely weak Krona, therefore advantageous for the company?