No composer has exploded onto the film scene this last year more than Icelandic composer Hildur Guðnadóttir, who last night became the first Icelandic person to win an Academy Award, in the 92 year history of the awards. Guðnadóttir won the Oscar for best original score for the film …
Icelandic composer Hildur Guðnadóttir has made history once again with her original score for the film ‘Joker’. She described working on the film in her BAFTAs acceptance speech as the “journey of a lifetime”. She is the first solo woman to ever win the Best Original Music BAFTA.
It could take up to 20 years to build a new airport in Hvassahraun on the outskirts of Hafnafjörður, a suburb of Reykjavík, that would serve both international and domestic flights after. The cost of a new international and domestic airport could be a minimum of 300 billion krónur. …
At a cabinet meeting this morning, the government of Iceland decided on seven measures to increase trust in Icelandic industry after the leak of documents from Iceland’s fishing giant Samherji last week The measures include increased transparency in the operation of larger companies, assessment and improvement of fishing internationally …
Icelandic budget airline WOW air has entered into advance discussions with bond holders and creditors about converting debt into equity, according to a press release issued by the airline last night. “A majority of WOW air Bond Holders and other creditors of WOW air are in advance discussions with …
Almost all WOW air flights are on on schedule today as the CEO and founder Skúli Mogensen tries to save the airline from bankruptcy, following the dissolution of negotiations with Icelandair Group yesterday. All WOW air flights from Iceland today were on scheduled this morning except the flight to …
The proposed two-day strikes of labor unions Efling and VR could cost tourism companies in Iceland up to half a billion króna, according to Jóhannes Þór Skúlason, director of the Icelandic Tourism Association. A new round of strikes has been announced for next Thursday, when employees of hotels and bus …
Shares in Icelandair Group rose by 5,8 percent yesterday, after the company announced that it had again started negotiations to acquire the Iceladic budget airline WOW air. The American private equity firm Indigo Partners, which has a controlling interest in the American Frontier Airlines and Chilean low-cost start-up JetSmart, …
The proposed investment of Indigo Partners in Icelandic budget airline WOW air has been cancelled. The talks started after WOW air ran into financial difficulties last year. All negotiations between WOW air and Indigo Partners have been cancelled, and WOW air has subsequently started another round of discussions with …
The Icelandic Meteorological Office has raised volcano eruption risk level to Yellow for Öræfajökull, an ice-covered volcano in south-east Iceland. New satellite images of Öræfajökull show that a caldera, measuring around one kilometer in diameter, has formed in the last few days on the glacier. Sulfuric stench has emanated …
