Icelandair Group established

Icelandair Group established

2005

elandair Group was established in October 2005 as a holding company with ten subsidiaries operating both air and tourism services. The largest of the group's operations is the international airline Icelandair. Other companies in the group include Loftleidir Icelandic, Icelandair Cargo, Icelandair Ground Services (IGS), Vita, Flugfélag Íslands, Icelandair Hotels, Iceland Travel, and Fjárvakur.

In December 2006, Icelandair Group (ICEAIR) was registered as a public company on the Icelandic stock exchange.