The changes will lead to a clearer focus on the core business of the group and the integration will facilitate simpler and more efficient operations.
Úlfar Steindórsson, Chairman of the Board of Directors: " The structural changes will strengthen the Company and sharpen the focus on core operations. The company's aviation operations play the largest role in the overall operations and financial results of the Group and it is important that the company's structure reflects that fact. The Company is in a strong position to handle rapid changes in the operational environment and take advantage of exciting opportunities in the market. This change strengthens the Company's platform for growth and enables it to further meet the needs of its customers in an efficient way with a focus on great customer service."
I would like to thank Birkir Hólm Gudnason for his good work for Icelandair. He has been instrumental in the Company's growth and success in recent years."
For further information please contact::
Björgólfur Jóhannsson, President and CEO of Icelandair Group, tel: +354-896-1455