Key Developments: Icelandair Group hf. (ICEAIR.IC)

ICEAIR.IC on Iceland Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Icelandair Group hf signs wage agreement with Icelandic Aircraft Maintenance Technicians Association
Saturday, 5 Jul 2014 06:28pm EDT 

Icelandair Group hf:Says it signed a wage agreement that is valid until Aug. 31, 2017 with the Icelandic Aircraft Maintenance Technicians Association (FVFI).The agreement is in broad terms in line with agreements already signed on the Icelandic labor market this year.The agreement will = be presented to FVFI members that will vote on the agreement.  Full Article

Icelandair labor union calls off strike-DJ
Thursday, 19 Jun 2014 08:34am EDT 

Icelandair Group hf:Aircraft mechanics working for Icelandair have backed down from further strikes over wages and conditions after Iceland's government threatened legislation banning industrial action at airline to ensure Iceland main air link remains open - DJ.  Full Article

Icelandair Group says aircraft mechanics call strike
Thursday, 5 Jun 2014 07:41am EDT 

Icelandair Group hf:Says members of the Icelandic Aircraft Mechanics Association that work for Icelandair have called a strike.The strike will last from 06:00 am on June 16 until 06:00 on June 17, and from 06:00 am on June 19 with no predefined endpoint.Says if the parties will not sign a new collective-bargaining agreement before the strike, Icelandair’s flight schedule will be distorted.  Full Article

Icelandair Group says Icelandic Cabin Crew Association approves new collective-bargaining agreement
Tuesday, 3 Jun 2014 09:57am EDT 

Icelandair Group hf:Says members of the Icelandic Cabin Crew Association (FFI) have approved the new Collective-Bargaining Agreement with Icelandair Group hf.The agreement has come into force and is valid until Aug. 31, 2015.  Full Article

Icelandair Group hf announces approval of new Collective-Bargaining Agreement
Friday, 30 May 2014 02:17pm EDT 

Icelandair Group hf:Says the members of The Icelandic Airline Pilots Association (FIA) have approved the new Collective-Bargaining Agreement with Icelandair Group hf.The agreement has come into force and is valid until Sept. 30.  Full Article

Icelandair Group signs agreement with Icelandic Cabin Crew Association – Strike postponed
Monday, 26 May 2014 09:26am EDT 

Icelandair Group hf:Signs wage agreement with the Icelandic Cabin Crew Association (FFI).The agreement is valid until Aug. 31, 2015 subject to FFI members approval.Says all labor actions against Icelandair have been postponed until the vote has been concluded.  Full Article

Icelandair Group and FIA sign wage agreement
Thursday, 22 May 2014 05:02am EDT 

Icelandair Group hf:Says the company and the Icelandic Airline Pilots Association (FIA) have signed a wage agreement.The agreement is valid until Sep. 30.The agreement is subject to FIA members' approval.  Full Article

Icelandair Group says Icelandic Parliament bans pilots actions
Thursday, 15 May 2014 10:44am EDT 

Icelandair Group hf:Says the Icelandic Parliament, has banned all industrial actions that the Icelandic Airline Pilots Association (FIA) has announced and enforced against Icelandair Group.An arbitration court will decide pilots’ wages and benefits before July 1 if FIA and Icelandair Group have not reached an agreement before June 1.Says it is not certain what Icelandair Group’s loss due to FIA’s actions will be.  Full Article

Icelandair Group hf cabin crew strikes
Sunday, 11 May 2014 04:15pm EDT 

Icelandair Group hf:Says the Icelandic Cabin Crew Association has banned all overtime as of 6 am on May 18.Says the Icelandic Cabin Crew Association has called a strike from 6 am on May 27 to midnight the same day; from 6 am on June 6 to 6 am on June 7; from 6 am on June 12 to 6 am on June 14, and from 6 am on June 19.Says it is not certain what affect the strike and the overtime ban will have on the financial results of Icelandair Group.  Full Article

Icelandair Group keeps FY 2014 EBITDA guidance
Thursday, 1 May 2014 12:34pm EDT 

Icelandair Group hf:Keeps FY 2014 earnings forecast unchanged.Still expects FY 2014 EBITDA in the range of $145-150 million.  Full Article

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