Hitt og þetta 13. febrúar 2006

Icelandair aims to list on ICEX

Nordic Business Report-February 13, 2006-Icelandair aims to list on ICEX
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Icelandic company FL Group hf, parent company of the airline Icelandair, said on Friday (10 February) that its board of directors had decided to apply for a listing of Icelandair Group on the Iceland Stock Exchange (ICEX). Preparation for the listing has begun, and the aim is to complete the process during the first half of the year. Kaupthing Bank and Islandsbanki would manage the listing process. The board of directors of FL Group had also decided to sell Reykjavik Excursions and Icelandair Car Rental. Other companies within FL Travel Group would be brought into Icelandair Group, and FL Travel Group would be subsequently closed down. Blafugl, Flugflutingar and Fjarvakur would also join Icelandair Group, the company added.

((Comments on this story may be sent to tww.feedback@m2.com))