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Enterprises
Icelandic Air
| Enterprise | Headquarters | Country | Business relations |
|---|---|---|---|
| Aircrest Investment Fund (ASM) | Riyadh (RUH) |  |
Lessor |
| AltLease Corporation (ASS) | Sao Paulo Guarulhos (GRU) |  |
Lessor |
| East American Skyways (EAS) | New York (JFK) |  |
Interlining |
| empresa de transporte aereo (LTE) | Palma de Mallorca (PMI) |  |
Interlining |
| European Eagle (EE) | Frankfurt (FRA) |  |
Interlining |
| GEMAS Aviation Finance (ASA) | Delhi (DEL) |  |
Lessor |
| Good Lucky Airlines (8L) | London Heathrow (LHR) |  |
Interlining |
| LEAP Financial (ASE) | Frankfurt (FRA) | |
Lessor |
| Mahjong Airlines (JFK) | New York (JFK) | |
Interlining |
| MidAmerica (MA) | St. Louis (STL) | |
Interlining |
| Over the Clouds of Florida (TPA) | Tampa (TPA) | |
Interlining |
| RedFlag Air (RFA) | Atlanta (ATL) | |
Interlining |
| Trans Eastern Air (TE) | Detroit (DTW) | |
Interlining |
| Vikings Air (VK) | Bergen (BGO) |  |
Interlining |