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Icelandair Group hf. is an Icelandic travel industry corporation, the owner and holding company of the airline Icelandair and several other travel industry companies in Iceland. The group's headquarters are at Reykjavík Airport in Reykjavík. [3] The corporation is the largest in Iceland, with 125 billion ISK in revenue in 2013. [4]
Icelandair is the flag carrier of Iceland, with its corporate head office on the property of Reykjavík Airport in the capital city Reykjavík. [4] It is part of the Icelandair Group and operates to destinations on both sides of the Atlantic Ocean from its main hub at Keflavík International Airport. [5]
Icelandair: Icelandair ehf Consumer services Travel & leisure Reykjavík: 1937 Airline Icelandair Group: Icelandair Group hf Consumer services Travel & leisure Reykjavík: 1937 Travel and tourism group Íslandsbanki: Íslandsbanki hf Financials Banks Reykjavík: 2008 State-owned bank Íslandspóstur: Íslandspóstur hf Industrials Industrial ...
Icelandair, Loftleidir Icelandic and other companies of Icelandair Group have been leaders in the Icelandic flight and tourism industry for about 70 years. The company was placed into administration in September 2008 after Glitnir , its largest investment, was part- nationalised by the Icelandic government.
[16] [15] Under the new group structure, Icelandic (formerly Loftleiðir) operated trans-Atlantic services whilst Icelandair (formerly Flugfélag Íslands) was responsible for European and domestic routes. Icelandair Group was initially just a holding company for the two operations, but in 1979 also assumed responsibility for managing them. [6]
Loftleiðir (Icelandic pronunciation: [ˈlɔftˈleiːðɪr̥], lit. ' Airways '), internationally known as Icelandic Airlines (abbreviated IAL) or Loftleiðir Icelandic, [1] was a private Icelandic airline headquartered on the grounds of Reykjavík Airport in Reykjavík, [2] which operated mostly trans-atlantic flights linking Europe and America, pioneering the low-cost flight business ...
Hvalur hf. I. Icelandair Group; S. Snorrason Holdings This page was last edited on 6 July 2013, at 01:53 (UTC). Text is available under the Creative Commons ...
Together, Icelandair and Wow Air have a share of around 3.8% of the transatlantic market. [28] [29] On 27 November 2018, Wow Air announced that it had returned four aircraft to their lessors as a sale and lease back offer fell through and the company's financial situation worsened due to stricter demands by suppliers and contractors.