Loo Eng Wah.

Loo to Build Christmas House in Hella

News Tagged with “Business”

Play Offers Investors 70 Percent Stake

4 Dec Founders and directors of the new Icelandic airline Play are ready to reduce their proposed stake in the company from 50 to 30 percent.

Loo Eng Wah.

Controversial RVs to Be Removed

22 Nov Malaysian businessman and landowner Loo Eng Wah, whose plans for the construction of a tourist service center near Hella have met opposition, has changed his plans.

Founders of the airline Play, from left, Þórodd­ur Ari Þórodds­son, Bogi Guðmunds­son, Arn­ar Már Magnúson and Sveinn Ingi Steinþórs­son.

Play Looks for Investors

22 Nov Representatives of Play, the recently founded airline in Iceland, are attempting to bring together a group of investors from the Icelandic travel industry, in hopes that they will invest in the company.

From Play's press conference.

Play Plans to Expand Fast

11 Nov The new Icelandic airline Play plans to expand its fleet of aircraft considerably, come this spring.

WOW 2 Take-Off Delayed

9 Oct WOW 2, the resurrected WOW Air, directed by US business woman Michele Ballarin, has postponed its first flight between Iceland and Washington Dulles International Airport in the US.

Hilmar Þór Birgisson, Margrét Júlíana Sigurðardóttir and Jón Gunnar Þórðarson visited the NetEase headquarters in China.

Mussila Music School Distributed in China

3 Oct The Icelandic innovation company Mussila ehf. has signed a contract with NetEase Games regarding the release of the Mussila Music School in China.

The selection is big.

Icelanders Crave Canned Energy

3 Oct Icelanders are constantly looking for new sources of energy.

Passengers arriving in Akureyri.

SuperBreak’s Bankruptcy Could Hit Akureyri Hard

10 Aug The bankruptcy of the British travel service SuperBreak could result in a ISK 500 million loss for the tourism industry in Akureyri.

From a café in downtown Reykjavík.

Dill Closes and Other Restaurants Open

8 Aug Dill, the only Icelandic restaurant to have earned a Michelin star, has closed.

Icelandair Loses USD 40.9 Million in 2nd Quarter

2 Aug Icelandair Group lost USD 40.9 million during this year’s second quarter, according to the company’s semi-annual report, published last night.

The new Hótel Geysir.

Luxury Hotel Opens in Geysir Area

1 Aug A new 77-room luxury hotel, Hótel Geysir, opens today in Haukadalur valley, Southwest Iceland, Morgunblaðið reports.

Enjoying geothermal water.

Viad to Invest in Lagoon in Kópavogur

31 Jul The international company Viad plans to invest USD 11 million in a geothermal lagoon and spa to be built on the ocean-front in Kópavogur.

Ballarin’s Contract Canceled

29 Jul “I can confirm that an agreement, which had been reached regarding the sale of these assets, has been canceled.”

Michele Ballarin.

Ballarin’s Plans for Resurrecting WOW Air

24 Jul In an interview with Morgunblaðið journalist Þóroddur Bjarnason today, American businesswoman Michele Ballarin discusses her plans for resurrecting WOW Air.

Will Americans Resurrect WOW Air?

12 Jul American air operators have purchased the flight operation assets of the bankrupt estate of WOW Air.


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