Stock Exchange Releases

28.02.2020

Icelandair Group hf.: Candidates for the Board of Directors of Icelandair Group at the AGM on 6 March 2020

The following candidates have declared cancidacy to the Board of Directors of Icelandair Group at the Annual General Meeting on 6 March 2020. Guðmundur Hafsteinsson; ID no. 290875-3319John F. Thomas; ID no. n/aNina Jonsson; ID no. 100567-3189Svafa Grönfeldt; ID no. 290365-3769Úlfar Steindórsson; ID no. 030756-2829 Guðmund ...

25.02.2020

The sale of Icelandair Hotels

All conditions of the Agreement between Icelandair Group and Berjaya Land Berhad (“Berjaya”), concerning Berjaya’s acquisition of a 75% share in Icelandair Hotels and related real estate (the “Company”), have now been fulfilled by both parties. The purchase price of the 75% share of the Company amounts to a total cash payment of USD 55,3 million and has b ...

21.02.2020

Final Agenda and Proposals – Annual General Meeting 6 March 2020

Hilton Reykjavik Nordica at 4.00 pm Agenda: The Board of Director‘s report on Icelandair Group‘s operations in 2019.Confirmation of Annual Accounts and decision on the handling og profit or loss for the financial year.Decision on payments to Board Members.Proposal of the Board of Directors regarding the Remuneration Policy.Report ...

10.02.2020

ICELANDAIR GROUP HF. – ANNUAL GENERAL MEETING 06 MARCH 2020

Hilton Reykjavik Nordica at 4.00 pm Draft Agenda: The Board of Director‘s report on Icelandair Group‘s operations in 2019. Confirmation of Annual Accounts and decision on the handling og profit or loss for the financial year. Decision on payments to Board MembersProposal of the Board of Directors regarding the Remunera ...

07.02.2020

Presentation of Q4 and 12M 2019 financial result

Attached is the presentation of Q4 and 12M 2019 financial results. Attachment ...

07.02.2020

The Nomination Committee‘s Report

Icelandair Group’s Nomination Committee proposes that the following candidates, listed in alphabetical order, will be elected to the Board of Directors of Icelandair Group hf. on the Company’s Annual General Meeting on 6 March 2020: Guðmundur HafsteinssonJohn F. ThomasNina JonssonSvafa GrönfeldtÚlfar Steindórsson ...

06.02.2020

Improved performance in Q4 2019

Total revenue USD 319.2 million in Q4 2019, up by 7% compared to last year EBIT improved by USD 32.6 million from Q4 2018, amounting to USD -36.7 millionNet loss in 2019 amounted to USD 57.8 million compared to net loss of USD 55.6 million in 2018 Unprecedented impact of the MAX suspension primary reason for negative results ...

06.02.2020

Traffic Data January 2020

The number of Icelandair’s passengers to Iceland increased by 17% in January 2020. Passengers on the home market from Iceland increased by 11%. This reflects the Company’s focus on the markets to and from Iceland to respond to changes in the competitive environment in these markets. The number of via passengers decreased by 35% in line with this shift in focus but was also affected by extensive ...

22.01.2020

Icelandair does not expect the Boeing MAX in summer 2020 – minimal impact on flight schedule

In the light of recent news from Boeing on the ongoing process in cooperation with international aviation authorities of returning the Boeing 737-MAX aircraft safely back to service, Icelandair does not expect the MAX in operation within its route network during the high season of next summer. This will have a minimal impact on Icelandair’s flight schedule 2020 as it was set up ...

14.01.2020

Publishing of Q4 2019 results

Icelandair Group will publish its results for the fourth quarter of 2019 on Thursday 6 February 2020. An open presentation will be held on Friday 7 February 2020 at Icelandair Hotel Reykjavik Natura. The presentation will start at 8:30 am (GMT). Bogi Nils Bogason, President & CEO and Eva Soley Gudbjornsdottir CFO will present Icelandair Gro ...

13.01.2020

Collective-Bargaining Agreement with FVFI approved

The members of The Icelandic Aircraft Mechanics Association (FVFI) have approved the new Collective-Bargaining Agreement with Icelandair ehf. The agreement has therefore become effective and is valid until 31 December 2020. Contact information Investors: Íris Hulda Þórisdóttir, Director Investor Relations. E-Mail:  ...