Airlines plan increased flights as life returns to Keflavik Airport
Since COVID-19 screening was first offered at Keflavík International Airport on 15 June, as an alternative to quarantine, seven airlines have begun flying to and from Iceland. Now there are flights to 21 destinations in 15 countries. Three more airlines with four more destinations will be added in July.
Chatbot sends information on domestic flights
Passengers travelling through the airports in Reykjavík, Akureyri, Egilsstaðir and Ísafjörður can now get information on booked flights sent to them by chatbot on Facebook Messenger. The passengers can get information on the flights in real time and each step of their trip is specified until the aircraft lands at the destination. To begin with, information on the flights of Air Iceland Connect will be sent. It is hoped that Flugfélagið Ernir will join in later.
Iceland offers Corona virus Testing to Arriving Passengers
From June 15th, passengers arriving at Keflavik Airport can opt for a COVID-19 test upon arrival, as an alternative to the two weeks mandatory quarantine. With this health care action, the Department of Civil Protection and Emergency Management and the Icelandic Government are taking steps to ease the effect of the ongoing travel restrictions.
Six airlines announce their intentions for this summer
Icelandic authorities have announced their decision to begin screening for COVID-19 at Keflavík Airport. This means that on arrival to Iceland, travellers may choose between undergoing a sampling process, submitting a certificate or entering into a two-week quarantine. Six airlines have announced their plans for flights to Keflavík Airport this summer.
Isavia secures EUR 40 million funding from the European Investment Bank
The European Investment Bank has agreed to Isavia‘s drawdown of EUR 40 million (ISK 6.3 billion). The amount in question is the final drawdown on a loan amounting to EUR 100 million that the bank granted the company in 2018 for developments at Keflavík International Airport. This funding is in addition to the ISK 4 billion share capital increase from the Icelandic government which was directly related to specific investment projects at Keflavík International Airport. In total, therefore, Isavia has secured more than ISK 10 billion in new funding since flights to and from Iceland more or less ceased due to the COVID-19 pandemic.
After the storm comes the calm
As the first day of the old Icelandic month of Harpa heralds the official start of summer, now is the time to take a look back over the winter we are leaving behind. The winter months have been difficult in many respects, taking their toll on society here in Iceland and elsewhere in the world.
Isavia and Landspítali University Hospital join forces
As everyone knows, the workload on the Landspítali Hospital staff has been enormous during the past few weeks after the COVID-19 pandemic gained a foothold in Iceland. The Hospital recently contacted Isavia requesting assistance with security and other aspects that require the special knowledge that many of our employees have. Our people responded positively to this request. At present, nine employees from the Airport Aviation Security Department of Isavia at Keflavík Airport have begun working at the Landspítali.
Four billion ISK for infrastructure projects at Keflavík Airport
On 7 April 2020, it was announced that the Ministry of Finance and Economic Affairs had decided to increase the share capital of Isavia ohf. by ISK four billion on the condition that the Company embark on infrastructure projects at Keflavík Airport during the course of the year. This increase in share capital makes it possible for Isavia ohf. to initiate two projects, one of which relates to design for the next large construction work at the Leif Eiriksson Air Terminal and the other related to the design and construction of roads and runways at Keflavík Airport.
Positive results from the 2019 operation of Isavia
Despite the considerable decrease in the number of tourists last year, the results of the Isavia consolidated group were positive by ISK 1.2bn after taxes, a decrease of around ISK 3.1bn from the year before. Excluding the write-down of accounts receivable due to the collapse of WOW air, the decrease amounts to ISK 1.2bn. The 2019 income decreased by approximately ISK 3.3bn, which is a decrease of around 8%. Cash and cash equivalents amounted to ISK 9.2bn at the end of 2019.
Isavia´s response to the effects of Covid-19
Isavia has currently started laying off employees in response to the enormous effects that the spread of COVID-19 has had on the volume of tourists coming to Iceland. The majority of the layoffs will be at Keflavík Airport, where it is clear that there will be a decrease in traffic for an undetermined period. Considerable efforts are made to focus on making the company ready to advance again when the effects of COVID-19 begin to decrease.