The Icelandic Airline Pilots Association (FIA) has decided to ban all pilots overtime at Icelandair ehf. as of 6 am on 9 May 2014. FIA has also called for a strike during the following periods:

From 06:00 AM on 9 May 2014 until 06:00 PM on 9 May 2014.
From 06:00 AM on 16 May 2014 until 06:00 PM on 16 May 2014.
From 06:00 AM on 20 May 2014 until 06:00 PM on 20 May 2014.
From 06:00 AM on 23 May 2014 until 06:00 AM on 25 May 2014.
From 06:00 AM on 30 May 2014 until 06:00 AM on 3 June 2014.

If Icelandair Group and FIA will not sign a new Collective-Bargaining Agreement before the strike Icelandair’s flight schedule will be distorted. The possible financial effects of the overtime ban and the strike on Icelandair Group are uncertain at this time.