Isavia Interim Financial Statements 30 June 2021
The consolidated accounts for the Isavia group before financial items and taxes (EBIT) for the first half of 2021 were negative by ISK 5.1 billion, compared to a deficit of ISK 5.3 billion in the same period a year ago. The impact of the COVID-19 pandemic was still keenly felt in the operations of the company in the first half of this year, as revenue declined by ISK 2.3 billion, or 27% compared to the corresponding period a year earlier.
Air-Traffic Controller Strike Cancelled - New Collective Wage Agreement Signed
On Saturday, August 28th, the Confederation of Icelandic Employers, on behalf of Isavia, and the Association of Icelandic Air Traffic Controllers (FÍF) signed a new collective wage agreement that is valid until October 1st 2023. Air traffic controllers have therefore cancelled the strike that had been announced on August 31st for Keflavík, Akureyri and Reykjavík Airports on September 3rd.
Two new airlines from Israel flying to Keflavik Airport this summer
Keflavik Airport welcomed the first flight of Israeli airline El Al from Tel Aviv to Iceland today. This was the first of five trips to Iceland this summer brining groups of tourists from Israel. The final El Al flight will be on August 18. On July 27 another Israeli airline, Arkia, will be added to the group. They will fly to Iceland five times this summer bringing groups of Israeli tourists to Iceland. Their final flight is on August 31.
New release of Orion Driving Simulator for Keflavik Airport
Tern Systems recently deployed a new version of the Orion Driving Simulator to Isavia, the operator of Keflavik Airport. The latest release adds a Supervisor mode, new driving lanes that are currently under construction at the airport and a range of graphical improvements.
Passengers advised to arrive early for check-in
For the last few days long waiting-lines have been forming at airline check-in counters at Keflavik Airport. This is due to Covid-19 restrictions at borders in destination countries that necessitate airline check-in staff confirm PCR tests and Covid-19 vaccination certification from every passenger. We at Keflavik Airport, along with Icelandair and other airlines flying to and from the airport, would encourage passengers to arrive for check-in early to avoid lines and possible increased waiting time.
United Airlines Inaugurates Nonstop Daily Service Between Keflavik Airport and Chicago
United Airlines has inaugurated its daily nonstop seasonal service between Keflavik Airport and its hub at Chicago O’Hare International Airport. United is the first ever U.S. airline to operate service between Reykjavik and Chicago.
Ground broken on an addition to terminal at Akureyri Airport
Ground was formally broken in June on a 1,100 m2 addition to the terminal at Akureyri Airport. This marks the start of work on the new building, with contractors now turning to the task of preparing the building site. The project is due for completion at the end of 2022. Sigurður Ingi Jóhannsson, Minister for Transport and Local Government, broke ground on the new building.
Important expansion at Keflavik Airport
Bjarni Benediktsson, Minister of Finance and Economic Affairs, formally broke ground for the new 20,000-square-metre addition to the Leif Eiríksson Air Terminal at Keflavík Airport. Construction work on the building is starting, and it is estimated that it will be ready for use in 2024. The estimated total cost is ISK 20.8bn. The project is an important milestone in the development plan of the airport. Customer services will improve, and the airport’s capacity will increase.
Covid testing moved at Keflavik Airport
The Covid-19 screening center of the health authorities at Keflavík Airport and the certificate inspection of the border police have been moved from the border hall and from the first floor of the south building of Leif Eiríksson Air Terminal to a new facility in the parking lot outside the airport hall and inside the arrivals hall.
Jet2.com and Jet2CityBreaks Bring Forward Flights to Iceland
The British airline Jet2.com and Jet2CityBreaks have decided to speed up their plans for flights and city tours from Manchester in England to Iceland by a month. This is due to the high demand for travel to Iceland and the expectation that Iceland will be defined as a green country on the British government’s list when the ban on unnecessary travel from the UK is expected to be lifted in mid-May.