Bogi Nils Bogason had been interim CEO and before that was the carrier’s chief financial officer for ten years.

The Icelandic flag carrier is cancelling its planned purchase of its low-cost competitor at the last minute.

Icelandair Group intended to buy its low-cost rival WOW air, but conditions set by a deadline of Friday may not be fulfilled.

A subsidiary of the group has submitted a binding offer for an airline whose “location is ideal for developing connecting flights”.

An emergency directive has been issued, so more information is given to pilots. Airlines flying the aircraft types include Norwegian and Icelandair.

In a major consolidation in Iceland’s aviation market, the airlines say that there will be opportunities for synergies ahead.

Quarterly EBITDA earnings fell to $115 million, compared to $155.9 million for the same period last year.

The Icelandic low-cost carrier is stopping three newly launched routes, despite the airports claiming they had been popular.

Karen Østerbye transitions from Icelandair’s PR chief for Scandinavia to a new job at the region’s second-biggest expo venue.

The Icelandic airline group wants to buy the little-known airline to access a strategic mid-point in the Atlantic.

The Icelandic carriers brought 1.2 million people to Iceland last year, and the nationalities of the visitors is changing.

Björgólfur Jóhannsson is stepping down as the airline warns its results will be “worse than projected”.

SAS is not the only airline struggling to keep to its timetables this summer, with Icelandair and Norwegian faring worse.

The airline group blames a multitude of factors for reduced EBITDA guidance for 2018.

Three airlines are launching routes between the Icelandic airport and the same destination in the US.

Icelandair and Iceland’s national team together create a series of 90-minute football-inspired activities.

Two Icelandic carriers are now competing to prepare to launch flights to Asia for the first time.

Travel Service, the owner of Czech Airlines and the Smartwings brand, is preparing for a change in Chinese ownership.

Both carriers are trying to attract transatlantic traffic by using stopovers as an option for passengers.

By 2021, Icelandair will have taken delivery of 16 737 MAXs, the first of which has just arrived.