1 FebKólfur hf have made an offer for 19 % shares of the company Hvatning in the Blue Lagoon in Iceland. The offer is pending on an estimated worth of 50 billion ISK of the Blue Lagoon. The largest shareholders have still not decided whether or not they will accept the offer. S
29 NovIcelandair group will not be purchasing WOW air and have cancelled a purchase agreement signed on November 5th. This was a mutual agreement by both airlines. Staff of WOW air have been asked to attend a staff meeting at 10 am this morning.
12 Sep WOW air who reported losses this summer are hoping to secure capital for the company. Morgunblaðið sources report that the company is hoping to secure at least 50 thousand USD in consultation with financial firms by issuing bonds.
30 AugA large Swiss watch manufacturer, Luminox, has teamed up with the Icelandic Search and Rescue Association (ICE-SAR) to manufacture a line of watches with the association’s logo, Morgunblaðið reports.
28 AugIcelandair President and CEO Björgólfur Jóhannsson has resigned, according to Morgunblaðið. Bogi Nils Bogason, the company’s CFO, will replace him as interim president and CEO, at the request of the board of directors.