Word: helgason
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Dates: during 1980-1980
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...flights from 23 to 2 per week and laid off 900 of its 1,700 employees. Though it will continue European and domestic flights with a new Boeing 727 and four F-27 Friendships, Icelandair will abandon all but a token run over the North Atlantic. Says Sigur-dur Helgason, Icelandair's chief executive officer: "North Atlantic competition is operating under the law of the jungle...
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