Icelandair Group hf.: Icelandair Group purchases two Boeing 757 200 aircraft

Icelandair Group has purchased two Boeing 757 200 aircraft which the Group previously had on a long term lease. The purchase price is confidential. The two aircraft have been used in charter projects and they will continue to operate as such. Icelandair Group also sees opportunities to use the aircraft later in its international scheduled operations.

For further information, please contact:

Björgólfur Jóhannsson President and CEO, Icelandair Group, tel. [phone] Bogi Nils Bogason, CFO, Icelandair Group, tel. [phone]