About Icelandair Group
Icelandair Group is a company based in Reykjavik (Iceland) founded in 1937. It operates as a On-Demand Services. Icelandair Group offers products and services including International Air Travel, Airfreight and Logistics, and Aircraft Leasing and Consulting. Icelandair Group operates in a competitive market with competitors including ATSG, Hanjin Kal, Exolum, Air T and Masterpiece International, among others.
- Headquarter Reykjavik, Iceland
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Icelandair Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$65.66 M (USD), Post-IPO
Jun 23, 2021
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Investors
Bain Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Icelandair Group
Icelandair Group offers a comprehensive portfolio of products and services, including International Air Travel, Airfreight and Logistics, and Aircraft Leasing and Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
International flights are operated connecting Europe and America.
Cargo services are provided through Icelandair Cargo subsidiary.
Leasing and consulting are offered via Loftleidir Icelandic.
Funding Insights of Icelandair Group
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $65.7M
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First Round
First Round
(04 Apr 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Post-IPO - Icelandair Group | Valuation |
investors |
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| Apr, 2019 | Amount | Post-IPO - Icelandair Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Icelandair Group
Icelandair Group has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Bain Capital and PAR Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Debt and equity investments are pursued across multiple sectors.
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Founded Year | Domain | Location | |
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Manages private investment funds with fundamental research and disciplined portfolio strategies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Icelandair Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Icelandair Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Icelandair Group Comparisons
Competitors of Icelandair Group
Icelandair Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ATSG, Hanjin Kal, Exolum, Air T and Masterpiece International, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A leading provider of aircraft leasing and air cargo transportation.
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| domain | founded_year | HQ Location |
Aviation services for passenger and freight transport are provided.
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| domain | founded_year | HQ Location |
Freight forwarding and logistics services are provided internationally.
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| domain | founded_year | HQ Location |
Air cargo transportation and aviation support services are provided.
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| domain | founded_year | HQ Location |
Freight forwarding and logistics services are provided internationally.
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| domain | founded_year | HQ Location |
Transportation and logistics services are provided by Gadfin in Israel.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Icelandair Group
Frequently Asked Questions about Icelandair Group
When was Icelandair Group founded?
Icelandair Group was founded in 1937 and raised its 1st funding round 82 years after it was founded.
Where is Icelandair Group located?
Icelandair Group is headquartered in Reykjavik, Iceland.
What does Icelandair Group do?
Icelandair Group is focused on international air transportation, connecting Europe and North America through its hub in Iceland. The company serves markets to, from, via, and within Iceland. Additionally, airfreight and logistics services are provided through Icelandair Cargo, while aircraft leasing and consulting are offered via Loftleidir Icelandic. The unique geographical location of Iceland is leveraged to position it as a key connecting hub.
Who are the top competitors of Icelandair Group?
Icelandair Group's top competitors include ATSG, Hanjin Kal and DJ Mediaprint & Logistics.
What products or services does Icelandair Group offer?
Icelandair Group offers International Air Travel, Airfreight and Logistics, and Aircraft Leasing and Consulting.
Who are Icelandair Group's investors?
Icelandair Group has 2 investors. Key investors include Bain Capital, and PAR Capital Management.