12 Aug 2020Icelandair Group has reached an agreement with all its creditors, in addition to reaching a final settlement with Boeing regarding the impact of the aircraft manufacturer’s grounding of its 737 MAX aircraft last year.
10 Jun 2020Icelandair Group is looking into the possibility of canceling the purchase of ten Boeing 737 MAX aircraft the company ordered, but have yet to be delivered.
27 May 2020Should Boeing’s delivery of the 737 MAX aircraft ordered by Icelandair Group be delayed more than 12 months, based on current agreements, then the latter has the option to cancel the purchase.
24 Jan 2020Due to the continued grounding of Boeing 737 MAX jets, Icelandair will employ 100 fewer pilots this summer than plans made in 2019 had called for.