New Collective-Bargaining Agreement Approved

| Source: Icelandair Group hf.

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
+354 896 1455

Bogi Nils Bogason, CFO
+ 354 665 8801