How did we
get here?

1937

The start of the Icelandair history. Aircraft trading has been a pivotal pillar throughout the history of the company

2005

Icelease established as a wholly owned subsidiary of Icelandair Group

2005

Purchase Agreement signed with Boeing for 10 new Boeing 737-800 and 2 Boeing 787 Dreamliners

2006

Icelease, as an independent entity, takes delivery of its first aircraft when it accepts a new B737-800.

2006

Icelease exercises an option for 5 Boeing 737-800s and 2 Boeing 787 Dreamliners

2006

Icelease signs a partnership agreement with Sojitzu and Mitsubishi UFJ

2007

Icelease makes as strategic decision to divest in the environment of overheated financial markets. This strategy is successfully implemented prior to the collapse of financial markets in late 2008

2011

75% of Icelease acquired in a management buyout

2012-2017

Numerous aircraft transactions mark the successful market re-entry under the new company structure

2018

Management purchases remaining 25% stake from Icelandair Group.

2019

Icelease enters a partnership agreement with Corrum Capital Management (corrumcapital.com)

2020

Icelease turns 15 years and celebrates surpassing $5 billion in transaction value since becoming an independent entity.

1937

2005

2005

2006

2006

2006

2007

2011

2012-2017

2018

2019

2020