AGP Executive Report
Last update: 8 hours agoIcelandair & Aviation Oversight: Icelandair has faced fresh scrutiny after two pilots were disciplined for an unauthorised low pass over Vestmannaeyjar on April 11, with one licence suspended for 24 months and the other for 12 months, while the regulator also refers one case to police. Higher Education Costs: Iceland’s parliament has approved a move to charge full tuition to students from outside the EEA at public universities starting for the 2027-28 academic year, with exemptions for the Faroe Islands, Greenland and Switzerland. Housing Market Snapshot: A new monthly report from the Housing and Construction Authority says about 60% of home sales closed below ISK 80 million, while just over 4% exceeded ISK 170 million; renting now covers around 29% of adults. Airline Results: Icelandair posted a second-quarter loss of ISK 4bn as fuel costs rose, but expects a stronger third quarter on strong bookings and improved seat occupancy. Whaling Debate Returns: Hvalur hf. resumed whaling in June after a two-year suspension, with protests from animal rights groups and renewed debate over quotas and IUCN-listed species. Business & Markets: Nasdaq reported Q2 2026 net revenue of $1.5bn, up 15%, alongside growth in index and SaaS revenue.
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