Icelandair

Icelands most popular stock is Icelandair Group hf.

However, much rests upon Icelandair, which is still in a difficult financial position and is currently in labour negotations with its flight attendants.

The government will continue to provide Icelandair loans in order to ensure a bare minimum of air traffic flows in and out of the country.

In a last-ditch effort, just one week ago, the company said it had rekindled conversations with Icelandair for a potential takeover, the Financial Times reported.

It has come to light that Icelandair Hotels is deducting from the salaries of those union workers who were on leave from their shifts during the days that the now-ended strikes were occurring.

The move came after six months of failed attempts to sell off the airline—including to competitors like Icelandair—and after the airline had suspended flights to Iceland from cities across Europe in search of a cashflow injection to keep operating.

In recent weeks Icelandair and WOW Air have both announced losses and subsequent restructuring efforts.