Stock Exchange Releases

17.05.2021

Icelandair Group hf.: Date of Transaction 17 May 2021

Attached is information regarding a transaction between a primary insider and a financially connected party.   Attachment ...

14.05.2021

Eva Soley Gudbjornsdottir resigns as Chief Financial Officer

Eva Soley Gudbjornsdottir, has asked to step down from her role as Chief Financial Officer of Icelandair Group. Eva Soley joined Icelandair Group early 2019 and has since then been instrumental in the Company’s efforts through unprecedented challenges, such as the extensive financial restructuring last year which was finalized with a successful share offering. Furthermore, Eva S ...

06.05.2021

TRAFFIC DATA APRIL 2021

Icelandair Group’s traffic data continue to reflect the status of the COVID-19 pandemic and travel restrictions in Icelandair’s markets, like in previous months.  The total number of Icelandair’s passengers on international flights was around 8,900 in April 2021 compared to 1,711 in April 2020, which was the first full month last year  ...

30.04.2021

Icelandair Group signs an agreement on heads of terms regarding the sale of Iceland Travel

Icelandair Group hf. and Nordic Visitor hf. have agreed on heads of terms regarding the sale of 100% stake in Iceland Travel. The proposed transaction is subject to customary conditions for transactions of this kind, such as due diligence, approval from The Competition Authorities and the parties reaching final terms of a share purchase agreement. The sales process was initiated ...

30.04.2021

Presentation of Q1 2021 financial result

Attached is the presentation of Q1 2021 financial results. Attachment ...

29.04.2021

Strong cargo performance and focus on disciplined network management and cost control

Highlights Q1 2021 results: Operations still heavily impacted by COVID-19 with Icelandair’s capacity down by 92% in Q1 2021Total revenue USD 57.3 million decreasing by 73%Strong cargo revenues, up by 64%, and freight volumes exceeded pre-COVID levels Charter and leasing services through Loftleidir-Icela ...

26.04.2021

Publishing of Q1 2021 results

Icelandair Group will publish its results for the first quarter of 2021 on Thursday 29 April 2021. An investor presentation will be webcasted in Icelandic in relation to the disclosure of the results at 8:30 am on 30 April 2021 at:  ...

06.04.2021

Traffic Data March 2021

Icelandair Group’s traffic data continue to reflect the status of the COVID-19 pandemic and travel restrictions in Icelandair’s markets, like in previous months. The total number of Icelandair’s passengers on international flights in March was around 7,800 decreasing by 94% from March 2020. The number of passengers to Iceland was around 4,300 and from Iceland around 3,300. The load fact ...

12.03.2021

Icelandair Group hf.: Results of the Annual General Meeting

    a)      Annual Accounts (Item 2)               The Board of Directors proposed to the Annual General Meeting that the Annual Accounts of the  Company for 2020 be approved.               b)      Dividends payments (Item 2) The Board of Directors proposed to the Annual General Meeting that no dividends will be paid ...

10.03.2021

Icelandair Group hf.: Updated Candidates for the Board of Directors at the AGM on 12 March 2021

Due to withdrawal of one candidacy, below is an updated list of candidates for the Board of Directors of Icelandair Group at the Annual General Meeting on 12 March 2021:  Guðmundur Hafsteinsson; ID no. 290875-3319 John F. Thomas; ID no. 250359-3409 Nina Jonsson; ID no. 100567-3189 Steinn Logi Björnsson; ID no. 010959-5869 Sturla Ómarsson; ID no. 130972-5359 ...

10.03.2021

Icelandair Group hf.: Sale and Leaseback of two Boeing 767-300ER aircraft

Icelandair Group has entered into an agreement with Titan Aircraft Investments, the joint venture between Titan Aviation Holdings and Bain Capital Credit, regarding the sale and leaseback of two Boeing 767-300ER aircraft that will be converted into freighters. Titan Aviation Holdings, a subsidiary of Atlas Air Worldwide Holdings Inc. (NASDAQ: AAWW) will manage these assets. The lease period for ...

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