Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland, North America, Europe, and internationally. It operates through three segments: Route Network; Cargo Operation; and Leasing Operation. The company offers passenger air travel; airfreight, cargo, and logistics services; and aircraft leasing and consulting services to international passenger airlines and tour operators. It also operates flight simulators for training; and engages in real estate and travel agency activities. In addition, the company provides aircraft maintenance, food and goods for passenger services, jet fuel tank storage facilities, VIP private jet, and part trading services, as well as aircraft, crew, maintenance, and insurance services. The company was founded in 1937 and is headquartered in Hafnarfjordur, Iceland.