Agreement signed with the Icelandic Aircraft Maintenance Technicians Association

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| Source: Icelandair Group hf.
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Icelandair Group and the Icelandic Aircraft Maintenance Technicians Association (FVFI) signed last night a wage agreement that is valid until 31 August 2017. The agreement is in broad terms in line with agreements already signed on the Icelandic labor market this year. The agreement will now be presented to FVFI members that will vote on the agreement.

Further information:

Bjorgolfur Johannsson, President and CEO
bubbi@icelandairgroup.is
+ 354 896 1455

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