Icelandair Group hf., together with its subsidiaries, operates in the airline and tourism sectors. The company operates through three segments: International Flight Operations, Aviation Investments, and Tourism Investments. It offers air travel and air cargo services; and aircraft, crew, maintenance, insurance, and charter services for the international passenger airlines and tour operators. The company also operates hotels; and offers various travelling services for categories, such as leisure, meetings, incentives, conferences, and events, as well as cruise services. In addition, it provides airport ground handling services for airlines and passengers; and leisure tours for organized groups and individuals comprising vacation tours, golf and ski trips, and city breaks. Further, the company offers various financial services, such as sales and sales audit, flown revenue, refunds, accounting, management reporting, credit management, and payroll and related services. As of December 31, 2018, it operated a fleet of 51 aircraft, including 42 owned and 9 leased aircraft. The company operates in North America, Iceland, West Continental Europe, Scandinavia, the United Kingdom, and internationally. The company was founded in 1937 and is based in Reykjavik, Iceland.