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Flugleiðir
Stodir ( is, Stoðir, FL Group prior to 4 June 2008) is a majority family-owned investment company located in Reykjavík, Iceland. The company was founded on July 20, 1973, under the name Flugleiðir. It was formed as a holding company for Loftleiðir and Air Iceland. FL Group was best known for its subsidiary Icelandair Group, which was sold in October 2006. Icelandair, Loftleidir Icelandic and other companies of Icelandair Group have been leaders in the Icelandic flight and tourism industry for about 70 years. The company was placed into administration in September 2008 after Glitnir, its largest investment, was part-nationalised by the Icelandic government. The company, then named Stodir, was restructured in 2009 and all shares delivered to its creditors. Between 2009 and 2016, all assets were sold and all debt repaid. In 2017, new shareholders acquired the company and Stodir was repositioned as an active investment company. History Before 2005 change The company th ...
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Icelandair Group
Icelandair Group hf. is an Icelandic travel industry corporation, the owner and holding company of the airline Icelandair and several other travel industry companies in Iceland. The group's headquarters are at Reykjavík Airport in Reykjavík. The corporation is the largest in Iceland, with 125 billion ISK in revenue in 2013. Operations Icelandair Group focuses on the international airline and tourism sectors, with Iceland as the cornerstone of its international route network. The business concept of the group is built exclusively on Icelandair's route network and on marketing Iceland as a year-round destination. During 2013 the group employed an average of 2,850 full-time employees. 1,387 of those were employed by Icelandair. The number of employees had been rising steadily from 2,028 in 2010. Icelandair Group is the parent company of nine subsidiaries that form the two business segments of Route Network and Tourism Services. In addition to passenger flights operated by Ice ...
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Icelandair
Icelandair is the flag carrier airline of Iceland, with its corporate head office on the property of Reykjavík Airport in the capital city Reykjavik. Linked from here It is part of the Icelandair Group and operates to destinations on both sides of the Atlantic Ocean from its main airline hub, hub at Keflavík International Airport. The geographical position of Iceland is convenient for one-stop transatlantic flights, which is one pillar of the airline's business strategy, along with traffic to, from, and within the country. History Flugfélag Íslands in the early decades Icelandair traces its roots back to 1937, when Flugfélag Akureyrar was founded in Akureyri on the north coast of Iceland. Flight operations started in 1938 with a single Waco YKS-7 configured as a floatplane. In 1939 the airline was grounded when this aircraft was destroyed in a capsizing accident. The company moved to Reykjavík, where it acquired another Waco aircraft and was relaunched in 1940 as F ...
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Icelandair
Icelandair is the flag carrier airline of Iceland, with its corporate head office on the property of Reykjavík Airport in the capital city Reykjavik. Linked from here It is part of the Icelandair Group and operates to destinations on both sides of the Atlantic Ocean from its main airline hub, hub at Keflavík International Airport. The geographical position of Iceland is convenient for one-stop transatlantic flights, which is one pillar of the airline's business strategy, along with traffic to, from, and within the country. History Flugfélag Íslands in the early decades Icelandair traces its roots back to 1937, when Flugfélag Akureyrar was founded in Akureyri on the north coast of Iceland. Flight operations started in 1938 with a single Waco YKS-7 configured as a floatplane. In 1939 the airline was grounded when this aircraft was destroyed in a capsizing accident. The company moved to Reykjavík, where it acquired another Waco aircraft and was relaunched in 1940 as F ...
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FL Group
Stodir ( is, Stoðir, FL Group prior to 4 June 2008) is a majority family-owned investment company located in Reykjavík, Iceland. The company was founded on July 20, 1973, under the name Flugleiðir. It was formed as a holding company for Loftleiðir and Air Iceland. FL Group was best known for its subsidiary Icelandair Group, which was sold in October 2006. Icelandair, Loftleidir Icelandic and other companies of Icelandair Group have been leaders in the Icelandic flight and tourism industry for about 70 years. The company was placed into administration in September 2008 after Glitnir, its largest investment, was part- nationalised by the Icelandic government. The company, then named Stodir, was restructured in 2009 and all shares delivered to its creditors. Between 2009 and 2016, all assets were sold and all debt repaid. In 2017, new shareholders acquired the company and Stodir was repositioned as an active investment company. History Before 2005 change The company t ...
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Loftleidir Icelandic
Loftleiðir HF, internationally known as Icelandic Airlines (abbreviated IAL) or Loftleiðir Icelandic, was a private Icelandic airline headquartered on the grounds of Reykjavík Airport in Reykjavík, which operated mostly trans-atlantic flights linking Europe and America, pioneering the low-cost flight business strategy on these routes. History Loftleiðir Loftleiðir (the name being a compound of the Icelandic words for ''Air'' and ''Way'') was founded on 10 March 1944, by Alfreð Elíasson and two other young Icelandic pilots who had just returned from flight training in Canada. The first revenue flight (from Reykjavík to Ísafjörður) took place on 6 April of that year. During the initial years, only domestic routes out of Reykjavík Airport were operated using airplanes of the types Douglas DC-3, Consolidated PBY Catalina,Hall ''Air Pictorial'' September 1971, p. 344. Stinson Reliant, Grumman Goose, Noorduyn Norseman, Avro Anson and Vultee L-1 Vigilant. The first ...
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Loftleiðir
Loftleiðir HF, internationally known as Icelandic Airlines (abbreviated IAL) or Loftleiðir Icelandic, was a private Icelandic airline headquartered on the grounds of Reykjavík Airport in Reykjavík, which operated mostly trans-atlantic flights linking Europe and America, pioneering the low-cost flight business strategy on these routes. History Loftleiðir Loftleiðir (the name being a compound of the Icelandic words for ''Air'' and ''Way'') was founded on 10 March 1944, by Alfreð Elíasson and two other young Icelandic pilots who had just returned from flight training in Canada. The first revenue flight (from Reykjavík to Ísafjörður) took place on 6 April of that year. During the initial years, only domestic routes out of Reykjavík Airport were operated using airplanes of the types Douglas DC-3, Consolidated PBY Catalina,Hall ''Air Pictorial'' September 1971, p. 344. Stinson Reliant, Grumman Goose, Noorduyn Norseman, Avro Anson and Vultee L-1 Vigilant. The first ...
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Iceland Stock Exchange
The Nasdaq Iceland, formerly known as the Iceland Stock Exchange (XICE) ( is, Kauphöll Íslands), is a stock exchange located in Iceland. It was established in 1985 as a joint venture of several banks and brokerage firms on the initiative of the central bank. Trading began in 1986 in Icelandic government bonds, and trading in equities began in 1991. Equities trading increased rapidly thereafter. A wide variety of firms are currently listed on the exchange, including firms in retail, fishing, transportation, banks, insurance and numerous other areas. Because of the small size of the Icelandic economy and the low cost of public listing, many of the companies traded on the XICE are relatively small and are relatively illiquid. All domestic trading of Icelandic bonds, equities and mutual funds takes place on the XICE. Bonds and equities are regularly traded, though the liquidity is small in comparison with other exchanges. No mutual funds are currently listed on the market. Since it ...
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Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in t ...
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Magnús Kristinsson
Magnus, meaning "Great" in Latin, was used as cognomen of Gnaeus Pompeius Magnus in the first century BC. The best-known use of the name during the Roman Empire is for the fourth-century Western Roman Emperor Magnus Maximus. The name gained wider popularity in the Middle Ages among various European people who lived in Stykkishólmur in their royal houses, being introduced to them upon being converted to the Latin-speaking Catholic Christianity. This was especially the case with Scandinavian royalty and nobility. As a Scandinavian forename, it was extracted from the Frankish ruler Charlemagne's Latin name "Carolus Magnus" and re-analyzed as Old Norse ''magn-hús'' = "power house". People Given name Kings of Hungary * Géza I (1074–1077), also known by his baptismal name Magnus. Kings of Denmark * Magnus the Good (1042–1047), also Magnus I of Norway King of Livonia * Magnus, Duke of Holstein (1540–1583) King of Mann and the Isles * Magnús Óláfsson (died 1265) K ...
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Bayrock Group
Bayrock Group is a private real estate investment and development firm specializing in luxury residential, commercial and mixed use projects. Through its affiliated entities, Bayrock has made investments in transactions comprising real estate assets valued in excess of $2.5 billion. Bayrock's flexible investment strategy allows it to pursue investments in a variety of sectors and markets. Corporate structure The Bayrock Group was founded in 2001 by Tevfik Arif, a former Soviet official from Kazakhstan. According to ''Forbes'', Bayrock is "a series of commonly controlled, but not wholly owned, limited liability companies." Bayrock Group is arranged in tiers, with Bayrock Group LLC having a majority or plurality interest in around 12 subsidiary holding companies. The holding companies in turn have majority interests in companies on lower tiers. The lower tier subsidiaries correspond to individual real estate projects, with Bayrock Spring Street corresponding to Trump SoHo, Bayrock ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ...
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