Isavia press-release
Since the Covid 19 epidemic began in Iceland, Isavia has taken extensive action that affects all areas of the company due to the contraction in flights to and from the country during the pandemic. Today, 133 employees were laid off and an additional 12 were offered a reduction in the employment rate. These actions today are in addition to the fact that 101 Isavia employees were laid off at the end of last March. Since then, various other streamlining measures and organizational changes have also been taken, such as merging divisions and reducing the number of members of the company’s executive board. Since the start of the Covid 19 epidemic, the number of full-time equivalent positions at Isavia’s parent company has now decreased by 40%
“After a good run this summer, where the increase in tourists at Keflavík Airport was fairly stable, there was a complete turnaround following the decision to double screening with quarantine in between,” says Sveinbjörn Indriðason, CEO of Isavia. “Airlines have significantly reduced supply and as things stand today, it looks like it will not change in the near future. Our assumptions from this summer are therefore broken and today we expect that the activities this winter will be very small at Keflavík Airport. It therefore looks like projects will be in short supply for our group of employees in the coming months. “
Sveinbjörn says there is considerable uncertainty about the development in the coming months and Isavia will review the situation regularly. If the situation changes for the better, Isavia can react quickly to that changed situation.
“We wish all the people who are now leaving Isavia well, thank you for their work and hope that our paths will be together again sooner rather than later,” says Sveinbjörn Indriðason.
