New Collective-Bargaining Agreement Approved

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| Source: Icelandair Group hf.
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The members of the Icelandic Aircraft Mechanics Association (FVFI) have approved the new Collective-Bargaining Agreement with Icelandair ehf. The agreement has come into force and is valid until 31 August 2017.

Further information:

Bjorgólfur Jóhannsson, President and CEO
bubbi@icelandairgroup.is
+354 896 1455

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