News

10.12.2007 14:25

Icelandair Shifts Focus In North-Atlantic Flights In 2008

Toronto New Destination. Baltimore operation shut down. Added Capacity to London. Up to 5 daily flights to Copenhagen. Morning departures to the US Read more
22.11.2007 21:35

Icelandair Cargo starts direct freighter service to Newfoundland, Canada

Icelandair Cargo in cooperation with Fly Fresh Freight, a Canadian freight forwarder started a direct Boeing 757-200 freighter service between Keflavik, Iceland and Gander, Newfoundland. Read more
26.10.2007 16:37

Travel Service will become part of Icelandair Group in Quarter 4, 2007

The operation of the Czech airline Travel Service will become part of Icelandair Group in Q4 of 2007, but not in Q3 as had been announced. Read more
03.10.2007 20:06

Warm Welcome For Guests At Hilton’s First Hotel In Iceland

Today the Hilton Reykjavik Nordica opened its doors to its first guests, becoming the first Hilton to operate in Iceland. The hotel, run by Icelandair Hotels under a franchise agreement with Hilton, is the largest in Iceland and considered to be one of region’s flagship hotel properties. Read more
18.09.2007 12:52

Icelandair Group buys Travel Service, the largest privately owned airline in the Czech Republic

Icelandair Group today signed an agreement with a group of Czech private investors to buy the Czech airline Travel Service, the largest private airline in the Czech Republic. Read more
14.09.2007 17:35

Loftleidir Negotiate Charter Agreement With Air Niugini

Loftleidir-Icelandic, a subsidiary of Icelandair Group, has negotiated with Papua New Guinea flag carrier, Air Niugini, to charter one Boeing 727-200 jet for one year. The estimated value of the contract is 850 million Icelandic kronur. Read more
14.09.2007 10:38

Icelandair Awards $100m Maintenance Contract To Rolls-Royce

Rolls-Royce has signed a new engine overhaul agreement with Icelandair, covering the RB211-535s which power the airline’s fleet of 21 Boeing 757s. Read more
12.09.2007 16:28

New Board Of Directors Elected At Shareholders Meeting

At the shareholdersmeeting held on 12 September 2007 the articles of association of Icelandair Group were changed, in the manner that from now on the board of directors will consist of five board members and three alternate mebers. Read more
03.09.2007 10:39

Icelandair Group Shareholders Meeting 12 September 2007

The Board of Directors of Icelandair Group hf. decided earlier today, September 3rd 2007, to call upon a Shareholders’ Meeting in the Company on September 12th 2007. Read more
22.08.2007 15:00

Icelandair Group Awarded New Transportation Award

Icelandair Group was awarded the new annual Transportation Award, created by the Icelandic Minister of Transportation, on 21 August 2007. Read more
14.08.2007 19:01

Icelandair Group Financial Results for the first half and Q2 2007

Total revenue for H1 2007 was ISK 28.1 billion compared to ISK 24.1 billion for H1 2006, an increase of 17%. Total revenue for Q2 2007 was ISK 16.2 billion compared to ISK 14.5 billion for 2006, an increase of 12% Read more
19.07.2007 13:15

Icelandair Starts Toronto Flights Next Spring

New Open skies agreement opens up opportunities to further develop the Icelandair route network. Icelandair considers more destinations in Canada Read more
09.07.2007 14:33

Purchase of Boeing 787 Dreamliner A Great Opportunity

Boeing unveils new aircraft in Seattle. The contracts Icelandair Group has made to purchase four Boeing 787 Dreamliner aircrafts are a great opportunity for Icelandair Group Read more
23.06.2007 20:44

Decision of the Competition Appeals Committee

Icelandair says the decision of the Competition Appeals Committee constitutes serious criticism of the decision of the Competition Authority Read more
22.06.2007 12:12

Icelandair Hotels Announce New Downtown Hotel

Icelandair Hotels Group and Rivulus ehf (owned by Glitnir bank) signed an agreement yesterday to construct a new hotel in the centre of Reykjavík. The new hotel will be at Lækjargata 12 where the former headquarters of the Industrial Bank of Iceland (Iðnaðarbanki) and currently the downtown branch of Glitnir bank is located. Read more
20.06.2007 13:27

Icelandair Groups Celebrates 70 Years

Icelandair Group has created an interactive timeline with the highlights of its 70 year history. Read more
07.06.2007 11:14

Saga Capital Investment Bank hf. Signs A Market Making Agreement With Icelandair Group hf.

Saga Capital Investment Bank hf. and Icelandair Group have signed a market making Agreement where Saga Capital acts as market maker in for shares issued by Icelandair Group. Read more
29.05.2007 21:09

Hilton Announces First Hotel In Iceland

Hilton Hotel Corporation has today announced that it will enter into a Franchise Agreement with Icelandair Hotels, a fully owned subsidiary of Icelandair Group, for the 252 room 4-star Nordica Hotel in Reykjavik. Read more
23.05.2007 21:43

Icelandair Cargo expands with new long-range Airbus aircraft

Icelandair Cargo and Icelease, subsidiaries of Icelandair Group, today signed an agreement with Avion Aircraft Trading on the lease and purchase of four new Airbus A330-200 freighter aircraft. Read more
16.05.2007 11:06

Q1 2007 Results Webcast

With Jon Karl Olafsson CEO 16 May 2007 Read more
15.05.2007 16:58

Q 1 2007 Icelandair Group Quarterly Results

Highlights and full results in PDF Read more
14.05.2007 16:16

Icelandair Group-Q1 Briefing for investors 16 May 2007

An open presentation for investors, shareholders and analysts will be held Wednesday 16 May at Hotel Nordica (meeting room-H) at 8:30 AM. Read more
11.05.2007 09:38

Icelandair Group Signs A Letter Of Intent For Acquisition Of The Largest Privately Owned Airline In The Czech Republic

Annual turnover increases around 30% from 2006. Synergic effects in international charter and ACMI operations. Valuable Boeing 737-900 and Dreamliner orders. Read more
09.05.2007 14:17

Icelandair Group Securities Note

Icelandair Group Securities Note Read more
13.03.2007 17:25

Results of Icelandair Group’s Annual General Meeting

Following proposals have been approved on Icelandair Group’s Annual General Meeting on March 13th 2007. Read more
13.03.2007 16:30

Icelandair Group 2006 Annual Report

The Icelandair Group 2006 Annual Report is now available online at a new website annualreport2006.icelandairgroup.com Read more
05.03.2007 14:11

Icelandair Group hf. 2007 Annual General Meeting

The Board of Directors of Icelandic Group hf. announces the Annual General Meeting of the Company for the operating year of 2006. The meeting will be held at the Nordica Hotel on Tuesday, 13 March 2007, at 4:00 p.m. Read more
28.02.2007 15:02

Icelandair Group And Virgin Subsidiaries Sign A 7, 3 Billion ISK Agree

LatCharter, the Latvian airline owned by Loftleidir Icelandic, a subsidiary of Icelandair Group has signed an agreement with Virgin Nigeria Airlines, a subsidiary of Virgin Atlantic Airways. Read more
20.02.2007 16:50

Icelandair Group Results for 2006

Icelandair Group Profits before Taxes ISK 3, 1 billion Read more
07.02.2007 16:15

Icelandair Wins Best Website Design Award

Icelandair has claimed a top spot in the annual Technology for Marketing (TFM) Awards, held in London on 6th February. Read more
06.02.2007 21:57

Icelandair Group Signs 1 Billion ISK Agreement With Air Malta

The Maltese National Carrier Leases An Airbus Aircraft For Two Years. Read more
26.01.2007 23:22

Icelandair Purchases New In Flight Entertainment System and Seats for its Fleet

The In Flight Entertainment system offers considerable revenue possibilities and a competitive advantage for Icelandair. Read more
16.01.2007 11:55

Icelandair Group signs 3,5 billion ISK lease agreements with Israir

Latcharter, a Latvian charter airline owned by Loftleidir-Icelandic, a subsidiary of Icelandair Group, has reached an agreement with Israir to lease two Airbus A320 aircraft to the Israeli airline for three years. Read more
08.01.2007 22:01

The Board Of Directors Of Icelandair Group Issues Stock Options For Senior Management

The board of directors of Icelandair Group hf. (ICEAIR) has decided on the basis of the company's stock option scheme to grant stock options on shares in the company to its senior management. Read more
02.01.2007 10:41

Icelandair Group Holding Shareholders meeting Agreements

At a shareholders meeting in Icelandair Group Holding hf. on Friday 29 December the three motions put before the meeting were agreed upon. Read more
21.12.2006 12:16

Icelandair Group Holding Shareholders Meeting

A shareholders meeting has been called in Icelandair Group Holding hf. on Friday 29 December. The agenda for the meeting is included in the attached notice of the meeting. Read more
16.12.2006 18:40

Jón Karl Ólafsson CEO Icelandair Group on Bloomberg TV

Jón Karl Ólafsson, CEO Icelandair Group, was interviewed by Bloomberg TV the week of the IPO. Read more
14.12.2006 12:06

Icelandair Group Holding hf. listed on the Main List on 14 December

Icelandair Group Holding hf. is the first Icelandic company to be listed on ICEX after it has become part of OMX Nordic Exchange. The company, formerly owned by FL Group hf., was sold to new core investors, employees and the public. It is now being listed on the market once more as a company with operations similar to its forerunner, Flugleidir hf., which was listed on ICEX in 1992. Read more
10.12.2006 16:50

Icelandair Technical Services Design Organization Approval

The European Aviation Safety Agency (EASA) recently confirmed that the Icelandair Technical Services (ITS) application for certification for design had been approved. Read more
05.12.2006 10:36

Share offering of Icelandair Group Holding completed

Substantial oversubscription. Shares at a sales value of ISK 4,995,000,000 were offered in total. Investors applied to buy shares at a sales value of ISK 10.3 billion in total which means that oversubscription is 105%. Read more
04.12.2006 11:50

Icelandair Group Holding Stock Offer Ends Today At 7 PM

This fall FL Group made an agreement with Glitnir to manage the sale of Icelandair Group. Read more
30.11.2006 17:00

Icelandair Ground Services and the Leifur Eiriksson Terminal Inc. sign cooperation agreement

IGS and the Leifur Eiriksson Terminal (LFT) have signed an agreement that covers catering services in the Keflavik International Airport terminal. Read more
27.11.2006 15:08

Icelandair Group Holding - Prospectus

The Iceland Stock Exchange (ICEX) has scrutinised the prospectus of Icelandair Group Holding hf., as endorsed on 26. November 2006, and hereby confirms that the prospectus satisfies the requirements of the Act on Securities Transactions, No. 33/2003, as amended by Act No. 31/2005, and Regulations issued pursuant to the Act. Read more
15.11.2006 14:44

Icelandair Group shows profits of 4 billion ISK before taxes

• Icelandair Group's profits for the first 9 months of 2006 were 3.939 billion ISK • EBITDA was 5,7 billion ISK for the first 9 months of 2006 • EBIT was 3,8 billion ISK, an improvement of 1 billion ISK from last year • Total turnover in the first 9 months was 43,5 billion, a 23% increase from 2005 Read more
03.11.2006 17:00

New Board Of Directors At Icelandair Group

A shareholders meeting in Icelandair Group has been held and a new board of directors has been elected. Read more
17.10.2006 14:53

FL Group Sells All Its Shares In Icelandair Group

FL Group sells all its shares in Icelandair Group. Realises ISK 26 billion profit. FL Group has secured the sale of its entire shareholding in Icelandair Group. The estimated profit from the sale will be around 26 billion ISK (EUR 305 million) based on the book value of Icelandair Group at the end of June 2006. Read more
12.10.2006 12:55

Icelandair Presents its Largest Schedule Ever

Morning flights to the United States. Three new destinations – Bergen (NO), Gothenburg (SE) and Halifax (CA). 17 percent increase in the number flights. Emphasis on increase in traffic to Iceland. Read more
03.10.2006 12:01

Icelandair Group to be listed on the Icelandic Stock Exchange this year

According to an agreement between FL Group and, Glitnir, Glitnir will – after performing due diligence - underwrite and sell 51% of shares in Icelandair Group. Following the transaction Icelandair Group will no longer be a part of FL Group’s consolidated accounts. It is expected that this will be finalised around mid October and that Icelandair Group will be listed on the Iceland Stock Exchange before the end of this year. Read more
27.09.2006 15:45

Icelandair Completes Switch to Amadeus Inventory and Revenue Management

Icelandair has now completed the switch to its new inventory system, Amadeus Altea Inventory, and its new revenue management system, Amadeus Revenue Management System by PROS. Read more
04.08.2006 11:55

Icelandair Signs On With Rolls Royce

Icelandair has signed a contract with Rolls Royce to purchase the Trent 1000 engine for its Boeing 787 Dreamliner. Read more
04.07.2006 13:24

Icelandair Technical Services signs an agreement with Delta Air Lines

Icelandair Technical Services (ITS) recently signed an agreement with Delta Air Lines to provide maintenance work on Icelandair’s B767 airplanes. Read more
28.06.2006 17:18

Organisational Changes at Loftleidir Icelandic

Gudni Hreinsson will take over as Managing Director of Loftleidir Icelandic, effective July 1st 2006. Gudni will be replacing Sigþór Einarsson, who has been the Managing Director of Loftleidir Icelandic for the past 6 years. Sigthor has been appointed Chief Operating Officer of Icelandair Group. Read more
28.06.2006 17:01

Loftleidir Icelandic Acquire 55% Share in Latvian Charter Operator Latcharter

Loftleidir Icelandic, the charter and ACMI-marketing subsidiary of the Icelandair Group, has bought majority of the shares in the Latvian charter operator Latcharter Airlines and committed to acquire the remaining shares in the future. Read more
30.05.2006 13:03

Big increase in Icelandair's Passenger Numbers in April

Icelandair carried 117.000 passengers in April, an increase of 13%, compared to April last year when they numbered 102.000. The Load Factor in April was 78%, an improvement by 7 percentage points over last year. Read more
12.05.2006 12:59

10 Years in Boston

This year Icelandair celebrates the fact that its been 10 years since we started scheduled flights to Logan International Airport in Boston. Read more
09.05.2006 16:03

All The World's A Stage

Icelandair signs a sponsorship agreement with the National Theater of Iceland Read more
22.04.2006 13:13

Twenty Five Families Receive a Dream Journey with Icelandair

Twenty five children and their families received an allocation from Vildarbörn, the Icelandair Travel Fund for Special Children. Read more
06.04.2006 12:06

Two Additional Boeing 787 Orders for Icelandair

Boeing [NYSE: BA] today announced that FL Group, on behalf of Icelandair Group and Icelandair has exercised purchase rights for two additional 787-8s. Read more
03.04.2006 13:46

Icelandair Cargo adds one more Boeing 757-200 Freighter

The Boeing 757-200 freighter fleet of Icelandair Cargo has grown to four with the addition of one aircraft this week. Read more
28.03.2006 16:41

Icelandair and SAS Continue their Interline Partnership

Icelandair and SAS have signed an interline agreement securing continued partnership of the two airlines. Read more
28.03.2006 16:37

Icelandair Group to list on ICEX, sale of companies prepare

The board of directors of FL Group hf. has decided to apply for the listing of Icelandair Group on the Iceland Stock Exchange (ICEX). Read more
28.03.2006 16:21

Loftleidir Icelandic enters into co-operation with Latcharter Airlines

Loftleidir-Icelandic, the charter and ACMI-marketing arm of the Icelandair Group, and Latcharter Airlines of Latvia have agreed to enter a close co-operation in the field of charter and ACMI operations. Read more



Read all of our annual report online, either on the web or as a PDF Read more
Investor Relations
Icelandair Group is a publicly traded company listed on the Icelandic stock exchange  Read more

 

Fontsizer


Language