Icelandair Group · Reykjavík Iceland ·(OMX Iceland: ICEAIR)
Company Description
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This link will open in a new window Icelandair Group can show you its home country by air, land, and sea. The group includes about a dozen subsidiaries offering everything from scheduled and charter air travel and cargo service to domestic hotels and travel arrangements (land-based, cruise, and business). Other units handle airline-related support functions, including aircraft leasing, ground support at Reykjavik's international airport, and financial services, for Icelandair Group and third-parties. Icelandair , the company's largest subsidiary (40% of revenue), provides scheduled passenger service to about 25 destinations in Europe and North America using about 10 Boeing 757s. All told, the company has about 70 planes. To read the full description, subscribe now.
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Key Icelandair Group Financials
| Company Type | Public - OMX Iceland: ICEAIR Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $112,739.0 |
| Employees | 2,500 |
Icelandair Group Executives
15 executives listed for Icelandair Group's Reykjavík, location.
| Title | Name & Bio | Contact |
| President and CEO | Björgólfur Jóhannsson | Network |
| Deputy CEO | Sigþór Einarsson | Network |
| CFO | Bogi Nils Bogason | Network |
Competition
Competitive Landscape for Icelandair Group
Demographics, consumer tastes, and personal income drive demand. The profitability of individual companies can vary: while QSRs rely on efficient operations and high volume sales, FSRs rely on high-margin items and effective marketing. Large companies have advantages in purchasing, finance, and marketing. Small companies can offer superior food or service. The industry is highly labor-intensive: annual revenue per worker is between $40,000 and $45,000. Restaurants compete with companies that serve meals or prepared foods, including grocery stores, warehouse clubs, delis, and convenience stores. In addition, restaurants compete with home cooking. To read the full description, subscribe now.Top Icelandair Group Competitors
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