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Group Entities

Group Entities

Group Entities

45.
The Company holds fourteen subsidiaries which are all included in the consolidated financial statements. They are:


Share
Scheduled airline operations:
Icelandair ehf 100,00%
Icelandair Cargo ehf 100,00%
Icelandair Technical Services ehf. (ITS) 100,00%
Icelandair Ground Services ehf. (IGS) 100,00%
Capacity solutions and aircraft trading:
Blue Cargo ehf 100,00%
Bluebird Cargo ehf 100,00%
IceLease ehf 100,00%
IG Invest ehf 100,00%
Loftleišir - Icelandic ehf 100,00%
Travel and tourism:
Air Iceland ehf 100,00%
Iceland Travel ehf 100,00%
Icelandair Hotels ehf 100,00%
Shared services:
IceCap Ltd., Guernsey 100,00%
Icelandair Shared Services ehf 100,00%

The subsidiaries own 20 subsidiaries that are also included in the consolidated financial statements.


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