The aviation and travel industries are facing tremendous uncertainty regarding the near future, as to when travel restrictions will be lifted, and demand will start to increase again. Currently, Icelandair is only operating a few scheduled flights a week. To respond to continued uncertainty, I...

The expansion of the COVID-19 virus is increasingly affecting demand for international travel. Icelandair Group  is monitoring the situation closely and continues to analyze possible scenarios and mitigating actions as the situation evolves. Due to further decline in demand and bookings in rec...

The future of Wow Air looks uncertain after Icelandair Group ended discussions with the low-cost carrier after a day or two of them restarting. Wow Air had entered talks with Icelandair Group on 20 March after previous potential investor Indigo Partners pulled out of investment negotiations the d...

Indigo Partners has cancelled negotiations with cash-strapped Icelandic low-cost carrier Wow Air - who in turn has restarted discussions with the Icelandair Group. Indigo Partners was set to make an investment in Wow and earlier this month both said discussions were continuing in "good faith" and...

The board of directors of Icelandair Group has appointed Bogi Nils Bogason as president and chief executive officer (CEO) of the company. He has been the interim president and CEO of Icelandair Group since the end of August. Chairman of the board of directors, Úlfar Steindórsson said: "It be...

Icelandair Group has entered into a share purchase agreement to purchase all shares in budget carrier and Iceland rival Wow air - subject to approval by its shareholders and Icelandic competition authorities. No details of how much the deal was worth has been revealed. As consideration for the sh...