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Business

Primera Air Headed For Bankruptcy

Primera Air and Prime Air Scandinavia, part of Primera Travel Group, are headed for bankruptcy, Vísir reports. The two companies will apply for suspensions of payment

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Business

Icelandair Lays Off Thirty Employees

Icelandair laid off thirty employees this week, Vísir reports. According to public relations officer Guðjón Arngrímsson, the layoffs, which are part of new efficiency measures, affected employees

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Business

Bankers Case Re-Opened Six Years Later

The so-called Aurum Holding case has been reopened in the appeal court Landsréttur today, Vísir reports. The case revolves around investment bank Glitnir’s loan to FS38,

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