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Feb 14, 2006 (newstodate): In a sudden move, the board of the Icelandair Group has decided to float the shares of Icelandair Group on the stock exchange with the aim of completing the sale during the first six months of 2005.
The group intends to sell off non-core businesses including Reykjavik Excursions and Icelandair Car Rental, and will instead integrate transport and logistics companies Bluebird Cargo, Flugflutingar and other assets.
The group intends to sell off non-core businesses including Reykjavik Excursions and Icelandair Car Rental, and will instead integrate transport and logistics companies Bluebird Cargo, Flugflutingar and other assets.