Icelandair Group - Company Profile
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Icelandair Group (Icelandair) is a tourism and air transportation company. The company along with its subsidiaries offers scheduled air carrier operations, cargo services in international and domestic routes along with ground services and technical services. It provides air transport services and cargo services to multiple destinations across North America, Europe, Iceland. The company supports its network services through its tourism operations, which include hotels, restaurants, travel agencies, domestic tourism, and financial services. It also offers aircraft maintenance services, aircraft insurance, and full charter solutions. It had over 48 aircrafts covering more than 50 destinations. Icelandair is headquartered in Reykjavik, Iceland.
Headquarters
Iceland
Address
Reykjavikurflugvelli, 101
Website
www.icelandairgroup.com
Telephone
354 5 050300
No of Employees
3,542
Industry
Transport and Logistics
Ticker Symbol & Exchange
ICEAIR (ICE)
Revenue (2022)
$1.5B
20.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
226.8%
(2022 vs 2021)
Market Cap*
$304.2M
Net Profit Margin (2022)
XYZ
204.5%
(2022 vs 2021)
* As of and is in US$
Icelandair Group premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Scheduled Air Carrier Services | Icelandair |
| Tourist Services and Transportation | |
| Real Estate | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company entered into lease agreements with CDB Aviation for two new Airbus A321LR aircraft. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with Panasonic Avionics to install its Astrova in-flight entertainment solution and a suite of digital solutions on the fleet of Airbus A321neo LR aircraft. |
| 2023 | New Products/Services | In November, the company introduced its flight schedule for 2024. |
Competitor Comparison
| Key Parameters | Icelandair Group | Deutsche Lufthansa AG | Air France-KLM SA | Norwegian Air Shuttle ASA | Aurigny Air Services Ltd |
|---|---|---|---|---|---|
| Headquarters | Iceland | Germany | France | Norway | United Kingdom |
| City | Reykjavik | Koeln | Paris | Lysaker | Guernsey |
| State/Province | - | Nordrhein-Westfalen | Ile-de-France | - | Channel Islands |
| No. of Employees | 3,542 | 96,677 | 77,806 | 3,871 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gudmundur Hafsteinsson | Chairman | Executive Board | 2018 | 48 |
| Nina Jonsson | Vice Chairman | Executive Board | 2020 | 56 |
| Bogi Nils Bogason | President; Chief Executive Officer | Senior Management | 2018 | - |
| Ivar S. Kristinsson | Chief Financial Officer | Senior Management | 2021 | - |
| Jens Bjarnason | Chief Operating Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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