Icelandair Group has 12 subsidiaries, these are their Managing Directors.

Andri Áss Grétarsson Senior Vice President of Finance and Resource Management at Icelandair
Andri Grétarsson was appointed Senior Vice President of Finance and Resource Management at Icelandair in April 2006. He joined Icelandair Group in 1998, first in Management and Financial Information department and then he worked in the Strategic and Finance division at Icelandair Group. He holds a Cand.Oceon degree from the University of Iceland and specialized in accounting.

Árni Gunnarsson Managing Director of Air Iceland
Árni was appointed Managing Director of Air Iceland in March 2005. He previously worked as Director of Sales and Marketing at Air Iceland, Managing Director at Ferdaskrifstofa Íslands / ITB, Managing Director of Iceland Travel and as Director of Icelandair Holidays. He worked for the German Tour Operator FTI in Münich as director of Risk Management in 1993-1997. Árni holds a M.Sc. in Economics from Augsburg University, Germany.

Gardar Forberg Managing director of Latcharter Airlines .
Gardar has worked in the world of aviation since 1996. He started his career as operations officer with Air Atlanta Icelandic in Jeddah, Saudi Arabia. In 2001, he became their Marketing Manager. In 2003, he became Chief of Air Movement and Commander at Pristina Airport, Kosovo. In 2004 he moved to Islandsflug Airlines as Deputy Managing Director. Later that same year he was called back to NATO to run Kabul Airport. In 2005 when Mr. Forberg returned to Air Atlanta Icelandic as Vice President Sales and Marketing.

Guðmundur Pálsson Senior Vice President of Operations of Icelandair
Gudmundur was appointed Senior Vice President of Operations of Icelandair in 1996. He joined Icelandair Group in 1974, and initially served in the Budget and Long Range Planning Department. In 1980 he became Director of Cash Management and Insurance and served that position until 1986 when he was appointed Senior Vice President Operations and served in that capacity until 1988, when he was appointed Senior Vice President Technical.

Guðni Hreinsson Managing Director of Loftleiðir Icelandic
Guðni was appointed Managing Director of Loftleiðir Icelandic in July 2006. Guðni joined Icelandair Group in 1997 as a marketing representative in Sales Control and from 2000-2003 he worked at The Icelandic Web Agency. In 2003 Guðni was appointed Director of Marketing at Loftleidir Icelandic. Guðni holds a Bachelors degree in Humanistic Informatics & Communication from Aalborg University, Denmark.

Gunnar S. Olsen Managing Director of Icelandair Ground Services
Gunnar was appointed General Manager when an independent company was formed around Icelandair's ground services in Keflavík in 2001. He has held various managerial positions within Icelandair Group in Iceland and abroad.

Gunnar Már Sigurfinnsson
Gunnar Már was appointed Managing Director of Icelandair Cargo in May 2008. Before that time he was SVP of Sales and Marketing at Icelandair since 2005. Gunnar Már started at Icelandair Domestic in Vestmannaeyjar in 1986 and in 1994 he became Sales and Marketing Manager for Air Iceland. In 1997 he became Sales Manager for Icelandair in Germany, based in Frankfurt. Gunnar Már became Director of Sales Planning and Control in 2000 and in 2001 he became General Manager of the Germany, Netherlands & Central Europe regions. Gunnar Már has a degree in Business from the University of Iceland.

Helgi Már Björgvinsson
Helgi was appointed SVP of Marketing & Sales in May 2008.  He joined Icelandair in 1999 as Manager Icelandair Holidays USA, later to become Sales Manager Western Region.  In 2002 he moved to London to become Sales and Marketing Manager UK & Ireland and in 2004 to Paris to assume the position of General Manager Southern Europe.  Helgi became General Manager of UK & Ireland in May 2007.  He graduated from the University of South Carolina, Columbia in 1994 with BS degree in Marketing and Management and is finishing his MBA at ESCP-EAP European School of Management in Paris.

Hilmar Baldursson VP Flight Operations Icelandair
Captain Hilmar Baldursson received his ATP licence in 1975 and joined the company as a co-pilot in 1978, operating domestically within Iceland. He has been a co-pilot and captain on F27, F50, DC8, B727, B757 & B767 aircraft- operated by the Group on domestic and international routes. Over the years he has held the position of B757 Chief Training Pilot, the position of Deputy Chief Pilot since 1997, the position of Chief Pilot since 2004 and then nominated Director of Operations since 2006. Hilmar Baldursson graduated from the University of Iceland in 1977 where he majored in Business Administration.

Hjörtur Þorgilsson Vice President of Information Technology at Icelandair
Hjörtur was appointed Vice President of Information Technology at Icelandair in January 2006. He joined Icelandair Group in 1985, started in the Technical department's cost control, became divisional manager in the Planning department in 1988 and manager in 1994, then manager of Information Development 1997. Hjörtur received his Cand.Oceon from the University of Iceland in 1985.

Jens Bjarnason Senior Vice President of Technical Services of Icelandair
Jens was appointed Senior Vice President of Technical Services of Icelandair on September 20th 2005. He joined Icelandair Group in September 1996 as Director Flight Operations after working for the Icelandic CAA as Director of Flight Safety. He is an aeronautical engineer and received his Ph.D. from Northwestern University in the USA in 1992.

Kári Kárason Managing Director of Icelease
Kári was appointed Managing Director of Icelease in June 2006. Previously he had been with Icelease for one year as Deputy Managing Director, as Managing Director for Icelandair Hotels from 1999 to 2005 and as Manager and Director within Icelandair from 1994 to 1999. Kári is Cand. Oecon from the University of Iceland.

Magnea Þórey Hjálmarsdóttir Managing Director of Icelandair Hotels
Magnea was appointed Managing Director in July 2005 but joined Icelandair Hotels in 1994. Magnea has worked in the hotel industry since 1991 and held management positions within hotels in Iceland, Switzerland and Japan. She received her MBA from the University of Surrey UK in 2003.

Magnús Kr. Ingason Managing Director of Icelandair Shared Services
Magnús has been the General Manager of Icelandair Shared Services since its incorporation in the year end 2002. He joined Icelandair Group in 1998 and previously he was Director of Icelandair Group's accounting department. Magnús received his Cand.Oceon from the University of Iceland in 1993 and became certified public accountant in 1999.

Roman Vik, General Manager of Travel Service
Roman Vik formed Travel Service Airline in 1997. Previously he worked for TOSHIBA Europe as exclusive representative in computer technique area. Roman Vik graduated from the University of Economics, Prague.

Skúli Skúlason Managing Director of Bluebird Cargo
Skúli has been the managing director of Bluebird Cargo since February 2008. Before that he was the Commercial Director for Bluebird since 2006. From 1996 Skúli was the managing director of Flugflutningar station manager at Keflavik Airport. He became managing director for Flugflutningar in 1996 and with Flugflutningar as one of the key shareholders in start up airline Bluebird Cargo he took active role in the start up process as board member and the quality manager. Skúli received his degree in Mechanical Engineering from the University of Iceland in 1991.

Una Eyþórsdóttir Vice President of Human Resources at Icelandair
Una was appointed Vice President of Human Resources at Icelandair in 2001. She joined Icelandair Group in 1975, first at the Human Resources department and between 1983-1987 in the Information Technology department, first as a supervisor and later a divisional manager, and then in Information department 1987-1996 as a divisional manager. She was appointed manager of Employee Development department in 1996. Una studied English and psychology in the University of Iceland and holds a MBA degree from the same university since 2002.