ICELANDAIR RESUMES SERVICE FROM NEW YORK - JFK

COLUMBIA, MD, March 9, 2005 – The “Coolest Airline Crossing the Atlantic,” Icelandair, will resume flights from New York’s JFK International Airport on March 11, 2005.

Icelandair offers nonstop flights to their hub in Reykjavik, Iceland with nonstop connections to Denmark, Norway, Sweden, Finland, Great Britain, Germany, Holland and France. Passengers may Take-A-Break in Iceland for up to seven nights on their way to or from Europe’s hottest destinations, at no additional airfare.

Icelandair, the flag carrier of Iceland, has been crossing the North Atlantic since 1948, offering regularly scheduled flights for more than half a century. Founded in 1937, Icelandair is the only airline in existence today with such a long and distinguished transatlantic record. Safety, convenient schedules, short flying times, on-time performance and customer service have been the hallmarks of Icelandair operations. This year, The Icelandair Group continues to grow and announced its biggest yearly net income ever – ISK 3.4 billion (approximately $55.7 million) for 2004.

In addition to New York/JFK Icelandair US gateways include Boston, Baltimore/Washington (BWI), Minneapolis/St. Paul, Orlando and San Francisco (starting May 18, 2005).

For additional information please contact your Professional Travel Agent, call Icelandair at (800) 223-5500 or visit www.icelandair.com