The Association of Icelandic Air Traffic Controllers and Isavia, the company which runs Keflavík International Airport, finally reached an agreement in their wage dispute on Friday, RÚV reports.
Garðar Garðarsson, who heads the arbitration court in charge of reaching a deal, describes the agreement as being within the framework established in June when a law was passed to end an overtime ban imposed by air traffic controllers.
Guðni Kristjánsson, communications director for Isavia, says the agreement is based on a salary contract made on June 24, with minor changes. Air traffic controllers voted against that previous contract.
The agreement is good through 2018.
The dispute between the two parties had been ongoing for months. An overtime ban, imposed by air traffic controllers on April 6, was stopped when Alþingi, the Icelandic parliament, passed a law to end it.
Alþingi deemed that the ban prevented the state from ensuring safe air traffic service and that it put the interest of the travel industry at stake. The disputing parties were given until June 24 to strike a deal, but since that failed to happen, an arbitration court took over.