Cabin Crew Strike and Overtime Ban

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| Source: Icelandair Group hf.
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The Icelandic Cabin Crew Association has banned all overtime as of 6 am on 18 May 2014 and called a strike during the following periods:

From 6 am on 27 May 2014 to midnight the same day.
From 6 am on 6 June to 6 am on 7 June 2014.
From 6 am on 12 June to 6 am on 14 June 2014.
From 6 am on 19 June 2014.

It is not certain what affect the strike and the overtime ban will have on the financial results of Icelandair Group.

 

Further information:

Bjorgolfur Johannsson, President and CEO
bubbi@icelandairgroup.is

+ 354 896 1455

Bogi Nils Bogason, CFO
bogi@icelandairgroup.is
+ 354 665 8801