Iceland Review,   29 April 2026 2:30 PM
Icelandair Reports Higher Revenue Despite First-Quarter Loss

Icelandair recorded its highest-ever first-quarter revenue in 2026, even as the airline remained in loss, according to newly released financial results. As stated in a recent press release, the company reported revenue of ISK 42.9 billion, a 21% increase year-on-year. Operating losses narrowed to ISK 6.6 billion, while the net loss after tax stood at… more

Icelandic National Broadcasting Service (RUV),       29 April 2026 1:44 PM
Planning issues in focus in Garðabær debate

The future appearance of Garðabær and development in a rapidly growing community were in focus in the debate yesterday between leaders of party lists in the town, and it is clear that opinions differ sharply on the direction to take. Almar Guðmundsson, mayor and lead candidate of Sjálfstæðisflokkurinn (Independence Party), said the election would to a large extent revolve around development.

The debate intensified when attention turned […] more

Icelandic National Broadcasting Service (RUV),       29 April 2026 1:29 PM
Low-altitude Vestmannaeyjar flight pilot has wings clipped

An Icelandair pilot, who was flying with the captain who carried out the low-altitude flight over Vestmannaeyjar, is not flying while the incident is being investigated, according to RÚV sources.

The captain was flying their final flight when the incident occurred and has since left their position.

Arnar Már Magnússon, flight operations manager at Icelandair, says investigations of cases like this typically […] more

Icelandic National Broadcasting Service (RUV),       29 April 2026 1:22 PM
Inflation falls to 5.2%

Inflation eased slightly in April and measured 5.2% over the past twelve months, according to a measurement by Hagstofa Íslands (Statistics Iceland). It was 5.4% in March. The components that contributed most to the rise in the consumer price index were fuel, air fares, and to a lesser extent, housing.

Inflation was nevertheless […] more

mbl.is,   29 April 2026 12:30 PM
“There’s room for improvement”

“There’s room for improvement,” says Vilhjálmur Birgisson, chairman of the Federation of General and Special Workers, when asked about the latest inflation figures, which show twelve-month inflation easing between months to 5.2%. more

mbl.is,   29 April 2026 11:00 AM
Records shed new light on German sailors who escaped to Iceland

German sailors aboard a merchant ship off the coast of Iceland, when the Second World War broke out fled, made their way ashore in Reykjavík, and sought to avoid returning to Germany. The case was covered in the media at the time, but newly uncovered records from the National Archives shed fresh light on the events. more

Icelandic National Broadcasting Service (RUV),       29 April 2026 7:27 AM
Icelandair reports ISK 5.600.000.000 loss in first quarter

Icelandair’s net loss after tax in the first quarter of 2026 amounted to ISK 5.600.000.000. In the same quarter last year, the loss was ISK 6.100.000.000.

The improvement is therefore around ISK 500.000.000, although it is common for airlines to report losses in the first quarter, as this period is a low season for aviation operations.

The airline’s revenue totalled ISK 42.900.000.000 during the period, an […] more

Icelandic National Broadcasting Service (RUV),       29 April 2026 7:22 AM
Jón Pétur sorry for controversial post

Jón Pétur Zimsen, MP for Sjálfstæðisflokkurinn (Independence Party), acknowledges that he used the wrong wording in a controversial post he wrote on the social media platform X, formerly Twitter.

In the post, Jón Pétur said that the mental health of young women aged 15-25 was in a very poor state despite women nowhere enjoying greater equality. He then stated that in […] more