Stock Exchange Releases

22.05.2020

Icelandair Group hf.: Results of Shareholders‘ Meeting

The following items on the agenda were agreed to at the Icelandair Group hf.’s shareholders'  meeting on 22 May 2020: Proposals: A proposal to grant the board authorization to increase the Company’s share capital The proposal grants the board of directors’ authorization the increase the Company’s share capital. This authorization is ...

22.05.2020

Collective Bargaining Agreement with FIA approved

The members of The Icelandic Airline Pilots Association (FIA) have approved the new collective bargaining agreement with Icelandair Group. The agreement has therefore become effective and is valid until 31 September 2025. Contact information Investors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail:  ...

22.05.2020

Icelandair Group hf.: Presentation shareholder meeting 22 May 2020

Attached is the presentation from the shareholder meeting on 22 May 2020. Attachment ...

20.05.2020

Icelandair Group hf.: Collective Bargaining Agreement with FVFI approved

The members of The Union of Icelandic Aircraft Maintenance Technicians have approved the amended collective bargaining agreement with Icelandair ehf. for the period 1 January 2021 to 31 December 2025. Contact information Investors: Iris Hulda Thorisdottir, Director Investor Relations. E-mail:  ...

20.05.2020

Status of union discussions

As previously announced, securing long-term agreements with unions representing Icelandair’s crew and aircraft maintenance technicians are one of the prerequisites for the financial restructuring of Icelandair Group that is currently underway. The Company has already made agreements with the Icelandic Airline Pilots Association and the Association of the Icelandic Aircraft Maintenance Technicia ...

15.05.2020

Icelandair Group hf.: Shareholders’ Meeting on 22 May 2020 - Final Agenda and Proposals

Icelandair Group will hold a shareholder’s meeting on 22 May 2020 at 4 PM at Hilton Reykjavik Nordica. Agenda: A proposal to grant the board authorization to increase the Company’s share capital Proposals: A proposal to grant the board ...

15.05.2020

Agreement reached between Icelandair and the Icelandic Pilots Association (FIA)

Icelandair Group and The Icelandic Airline Pilots Association (FIA) have reached a new collective-bargaining agreement which is valid until 30 September 2025. The collective-bargaining agreement meets set objectives of significantly increasing productivity and flexibility for the Company. FIA will now present the collective-bargaining agreement to its members who will vote on the agreement. ...

10.05.2020

Agreement signed with the Union of Icelandic Aircraft Maintenance Technicians (FVFI)

Icelandair ehf. and the Union of Icelandic Aircraft Maintenance Technicians (FVFI) have agreed on an amended collective-bargaining agreement for the period 1 January 2021 to 31 December 2025. The new agreement reflects the Company’s objectives of strengthening its long-term competitiveness but at the same time maintaining good compensation and working conditions. FVFI will now present ...

06.05.2020

Traffic Data April 2020

In April 2020, the operations of Icelandair Group were heavily impacted by the COVID-19 pandemic and its subsequent travel restrictions around the world that resulted in an extreme drop in demand for air travel. The Company’s freight services have also decreased as a result of the situation, but much less than the capacity reduction of the Icelandair route network. The total number o ...

04.05.2020

Strong start of the year overshadowed by COVID-19

The headline of prior announcement was changed. Continued EBIT improvement year over year in January and February of USD 21.5 millionThe COVID-19 pandemic and multiple travel restrictions had a significant impact on revenue and earnings in MarchCOVID-19-related one-off cost in the quarter amounted to USD 181.0 million ...

04.05.2020

Considerable EBIT improvement in the first two months of 2020

Continued EBIT improvement year over year in January and February of USD 21.5 millionThe COVID-19 pandemic and multiple travel restrictions had a significant impact on revenue and earnings in MarchCOVID-19-related one-off cost in the quarter amounted to USD 181.0 millionEBIT negative by USD 208.5 million, down by USD 148.9 million ...

→ Show more