Key takeaways
- Iceland Express is a historic Icelandic low-cost airline: founded in 2002, first flights in February 2003, taken over by WOW air in October 2012.
- A virtual airline: Iceland Express owned no aircraft of its own. All flights ran on wet lease with other airlines.
- Changing operators: Astraeus, JetX, Hello and finally Holidays Czech Airlines flew under the brand.
- First real competitor for Icelandair out of Keflavík, with destinations across Europe and, from 2010, North America as well.
- Spotter sticking point: The registration reveals which airline really flew – G-, HB-, TF- or later an A320 from the Czech Republic.
Contents
- 1.Iceland Express at a glance
- 2.Codes and callsign: the airline without its own designator
- 3.The history in stages
- 4.Who flew for Iceland Express?
- 5.The route network: from Europe to Winnipeg
- 6.The end: first the operator, then the brand
- 7.How to recognize Iceland Express
- 8.What remains of Iceland Express
- 9.Common mix-ups
- 10.Conclusion
Profile
| Hubs | KEF |
|---|---|
| Status | Historic – taken over by WOW air in October 2012, brand disappeared afterward |
| Business model | Low-cost brand without its own air operator’s certificate; all flights on wet lease by other airlines |
| Founded | 2002, first flights on February 27, 2003 (Keflavík–Copenhagen and Keflavík–London Stansted) |
| Headquarters | Reykjavík, Iceland; base at Keflavík Airport (KEF) |
| Owners | First Northern Travel Holding, from September 2008 Fons, finally the sister company Fengur |
| Operating airlines | Astraeus (2003 and 2008–2011), JetX (MD-82), Hello (MD-90), Holidays Czech Airlines (A320, 2011–2012) |
| Types used | Boeing 737-300, 737-500, 737-700, Boeing 757-200, McDonnell Douglas MD-82 and MD-90, Airbus A320 |
| Codes | No reliably documented codes of its own – flights ran under the operators’ codes and callsigns, for Astraeus, for example, AEU/FLYSTAR |
How to recognize the airline
Is that really Iceland Express?
- Titles “Iceland Express” on the fuselage – but almost never an Icelandic registration
- British G- registrations such as G-STRN or G-STRX on Boeing 737s and 757s: here Astraeus flew for Iceland Express
- Swiss HB- registrations on an MD-90: the years with Hello as operator
- TF- registrations on an MD-82: the short phase with Iceland’s JetX
- From late 2011, Airbus A320s with 180 seats from Holidays Czech Airlines
- Today seen only on historical photos – the brand has not existed since 2012
If you flew to Iceland from Copenhagen, London or Friedrichshafen in the mid-2000s, you suddenly had an alternative to Icelandair: Iceland Express. The brand promised cheap tickets to Keflavík and made Iceland affordable for many for the first time. For spotters, though, Iceland Express was above all a puzzle on wheels. Under the same titles flew British Boeing 737s, Swiss MD-90s and Czech A320s, because the airline never owned aircraft of its own. Here you learn how the model worked, who flew for Iceland Express and when, and how to assign old photos correctly.
Historic airline
Iceland Express flew from February 2003 to October 2012. After that, WOW air took over the route network and brand. All information on this page refers to that period.
Iceland Express at a glance
Iceland Express was an Icelandic low-cost airline headquartered in Reykjavík with its base at Keflavík Airport. It was founded in 2002 as a direct challenger to Icelandair, which until then served virtually all scheduled traffic between Iceland and abroad on its own. In December 2002, the company received its authorization as a travel organizer in Iceland, and in February 2003 the first flights took off.
The special thing about Iceland Express was its construction: legally it was not an airline in the strict sense but a provider that bought flight capacity and sold it under its own brand. Aircraft, cockpit crews and maintenance came from other airlines. This is called a virtual airline. For passengers it looked like a normal budget airline with its own name on the fuselage. For spotters, a different operator was behind every Iceland Express jet.
The advertising promise in Icelandic, by the way, was “Með ánægju!”, freely translated “With pleasure!”. At times its leadership included Matthías Imsland and Skarphéðinn Berg Steinarsson, among others.
Codes and callsign: the airline without its own designator
For most airlines, a profile begins with the IATA and ICAO codes. With Iceland Express that is difficult. Because the brand had no air operator’s certificate of its own, flights ran in air traffic control under the operator’s codes. When Astraeus flew, the crew identified itself with the callsign FLYSTAR, and the flight plan showed the ICAO code AEU. For the brand itself, reference sources give different codes, none of which is reliably documented.
For you as a spotter that means: in old radio recordings or archive data, the name Iceland Express often doesn’t appear at all. Callsign and registration are what matter. How the two code systems are built is explained in the article IATA and ICAO codes explained, and background on radio names is provided by Airline callsigns and their history.
Keep operator and brand cleanly separate
With Planetrack you post every sighting with photo, aircraft type, registration, airline and airport – handy when a leased jet turns up under another name. Planetrack is launching soon – join the waitlist and get early access.
The history in stages
2002/2003: Launch with Astraeus
Founded in 2002, first flight on February 27, 2003. Boeing 737-300s of the British Astraeus fly to Copenhagen and London Stansted.
2005/2006: MD-80 and MD-90
The Icelandic JetX takes over with the MD-82, and from 2006 the Swiss Hello flies with the MD-90. In 2005 the owners also buy the Danish airlines Sterling and Maersk Air.
2008: Back to Astraeus
In fall 2008 Astraeus flies again, now with two Boeing 737-700s. In the same year, the holding company Fons fully takes over the owner Northern Travel Holding.
2010/2011: Leap across the Atlantic
From June 2010 it goes to Newark and Winnipeg, later seasonally to Orlando as well. The fleet grows by Boeing 757s.
2011/2012: Operator collapse and takeover
On November 21, 2011, Astraeus ceases operations. Iceland Express flies on with A320s from Holidays Czech Airlines until WOW air takes over in October 2012.
The start: daily to Copenhagen and London
For the opening, Iceland Express relied on a lean program: Boeing 737-300s, leased from the British Astraeus, flew from Keflavík to Copenhagen and to London Stansted. The choice of destinations was no coincidence: Copenhagen is traditionally Iceland’s gateway to Scandinavia, and London the most important market in Western Europe.
The concept was classic for a budget airline: tickets mainly online, simple fares, point-to-point connections instead of connecting traffic. Spotting tips for the Danish end point are provided by the guide Plane spotting at Copenhagen Kastrup. How low-cost airlines make their numbers work and why they so often rely on leased capacity is explained in the article How budget airlines work.
Owners with big plans
Behind Iceland Express stood the Icelandic holding company Northern Travel Holding. In the boom years before the financial crisis, its owners thought big: in 2005 they bought the Danish airlines Sterling and Maersk Air, merged them and later passed them on to the Icelandic FL Group in exchange for shares. Later Sterling again belonged to the orbit of Northern Travel Holding.
In September 2008, the investment company Fons fully took over Northern Travel Holding. Shortly afterward, Iceland Express moved to the sister company Fengur, which had the same main owners. Astraeus also belonged entirely to Fengur. That put brand and operator under one roof for a few years – one reason why Astraeus again took over all Iceland Express flights from 2008. After the collapse of the Icelandic banks in fall 2008, the economic environment for the airline became considerably rougher.
Who flew for Iceland Express?
The list of operators is the heart of this airline. Depending on the year, a completely different company with its own fleet, its own registration prefix and its own callsign was behind the name.
| Operator | Country | Period (approx.) | Types for Iceland Express | Typical registration |
|---|---|---|---|---|
| Astraeus | United Kingdom | 2003 to about 2005 | Boeing 737-300 | G- (e.g. G-STRB, G-STRE) |
| JetX | Iceland | around 2005 | McDonnell Douglas MD-82 | TF- (TF-JXA, TF-JXB) |
| Hello | Switzerland | 2006 to 2008 | McDonnell Douglas MD-90, at times a 757-200 | HB- (e.g. HB-JIC, HB-JID, HB-JIF) |
| Astraeus | United Kingdom | Fall 2008 to November 2011 | Boeing 737-300, 737-500, 737-700, 757-200 | G- (e.g. G-STRN, G-STRJ, G-STRX) |
| Holidays Czech Airlines | Czech Republic | November 2011 to October 2012 | Airbus A320 with 180 seats | OK- |
The exact transitions are not dated consistently in the sources, and the number of aircraft per operator is also given differently. At times Iceland Express additionally leased individual aircraft from other airlines, such as an A320 from the Slovenian Adria Airways.
JetX and Hello: the MD years
JetX’s MD-82s (some sources say MD-83) came from SAS’s fleet and carried Icelandic TF- registrations. JetX later merged into Primera Air. The phase with the Swiss charter airline Hello from Basel was bigger and shaped things for longer. It supplied several MD-90s complete with crew, maintenance and insurance, under a three-year contract. The MD-90, with its rear-fuselage-mounted engines, was an unusual sight for low-cost flights to Iceland. The contract with Hello was not renewed in 2008.
You tell the MD-82 and MD-90 apart mainly by the engines: the MD-90 has much thicker nacelles, the MD-80 family the slim, long nacelles of the older generation. An overview of the whole family is provided by the page on the MD-80 family.
Astraeus: 737s and 757s with G registrations
From fall 2008, Astraeus again supplied the aircraft, initially two Boeing 737-700s. With the expansion came Boeing 737-300s, a 737-500 and, from 2010, several Boeing 757-200s. In 2011 the Iceland Express fleet comprised seven aircraft according to a retrospective: three 757-200s, two 737-700s and two 737-300s.
A detail for connoisseurs: among the 757s photographed with Iceland Express titles is also G-STRX. This very aircraft flew in 2011 as “Ed Force One” for the band Iron Maiden – Astraeus leased its 757s to very different customers. How to tell the 737 generations apart on photos is shown in the article Telling the Boeing 737 Original, Classic, NG and MAX apart.
Registration first
An Iceland Express photo without a legible registration can hardly be assigned to an operator. G- stands for Astraeus, HB- for Hello, TF- for JetX, OK- for Holidays Czech. More on the British system in the article British G registrations. In Planetrack you file such finds with registration and airline in your hangar. Planetrack is launching soon – join the waitlist.
The route network: from Europe to Winnipeg
Besides Copenhagen and London, numerous European destinations were added over the years, many of them only in summer. The 2012 schedule, that is, after the Astraeus collapse, shows the remaining network:
| Destination | Airport | Flights per week (2012) | Season |
|---|---|---|---|
| Copenhagen | CPH | 12 | year-round |
| London | STN | 10 | year-round |
| Alicante | ALC | 3 | spring to fall |
| Berlin | SXF | 3 | spring to fall |
| Warsaw | WAW | 3 | spring to fall |
| Frankfurt-Hahn | HHN | 2 | summer |
| Billund | BLL | 2 | summer |
| Gothenburg | GOT | 2 | summer |
| Basel | BSL | 1 | summer |
| Barcelona, Bologna, Kraków, Paris CDG | – | 1 each | summer or fall |
In the years before, the network was at times larger, for example with the North America routes. At times, including in summer 2012, Iceland Express also connected Copenhagen directly with Akureyri in the north and Egilsstaðir in the east of Iceland – a rarity, since almost all of Iceland’s international flights run via Keflavík.
Iceland Express in Germany
For spotters in Germany, Iceland Express was seen mainly at three places: at Friedrichshafen Airport on Lake Constance, at Frankfurt-Hahn Airport in the Hunsrück and in Berlin-Schönefeld, today the site of BER. Photos from Friedrichshafen show the Astraeus 737-700 G-STRN in Iceland Express colors in early 2010, and from the years before also MD-90s from Hello. Just across the border came EuroAirport Basel-Mulhouse, Hello’s home.
If you spot at Hahn today, you will find tips in the guide Plane spotting at Hahn Airport.
The leap to North America
In June 2010, Iceland Express dared the step across the Atlantic: four flights a week to Newark near New York and two to Winnipeg in Canada, flown with a 737 and two 757s from Astraeus. In the winter schedule Newark stayed in the program year-round, and Orlando was added seasonally. In 2011 the airline announced further destinations, including Chicago, Boston, Miami and Belfast. Which of these were actually served, the sources present differently; Miami and Belfast, by most accounts, never materialized.
The idea was the same one Icelandair has worked with for decades: Iceland as a stopover between Europe and North America. For an airline without aircraft of its own that depended on a single operator, however, it was a risky game.
The 757 on your wish list
Set up sighting alerts for types such as the Boeing 757 or the 737-300 – Planetrack notifies you when one approaches or lands at your airport. Planetrack is launching soon – join the waitlist.
The end: first the operator, then the brand
On November 21, 2011, Astraeus ceased flight operations with immediate effect. That left Iceland Express without aircraft at a stroke – exactly the risk of a virtual model. Holidays Czech Airlines, a subsidiary of Czech Airlines, stepped in at short notice with Airbus A320s with 180 seats. In spring 2012, both sides concluded a new contract that was to run until spring 2013.
With only two aircraft left, the previous network could not be maintained. The North America routes were dropped, and cuts were made in Europe as well. At the same time competition got tougher: besides Icelandair, Germanwings and easyJet flew to Iceland, and in 2012 a new Icelandic budget airline, WOW air, started, whose first flight on May 31, 2012, went to Paris.
In summer 2012, talks began between the two Icelandic low-cost providers. On October 23, 2012, WOW air took over the route network, brand and customer base of Iceland Express; tickets already sold remained valid. A few days later, WOW air laid off the Iceland Express employees, including the cabin crew, and ended the contract with Holidays Czech. That made the brand history after almost ten years. An overview of comparable collapses is provided by the article Major airline failures in Europe.
Strengths of the virtual model
- No capital tied up in aircraft of its own
- Buy capacity flexibly by season
- Fast market entry against an established incumbent
Weaknesses that hit Iceland Express
- Complete dependence on the operator – Astraeus’s collapse paralyzed the network
- Frequent changes of types and crews
- Little room to maneuver when new competition pushed into the market
How to recognize Iceland Express
Today you see Iceland Express only on photos and in archives. Assigning it is trickier than with a classic airline, because titles and operator diverge:
- Titles on the fuselage: “Iceland Express” in the brand’s colors – the first hint, but not the last.
- Registration: It reveals the operator and thus usually the period as well. The basics are explained in the article Understanding aircraft registrations.
- Type: MD-82 and MD-90 belong to the mid-2000s, 737-700 and 757 to the years 2008 to 2011, A320 to the final phase.
- Place and time: Keflavík, Copenhagen and Stansted year-round, German destinations mostly in summer.
Points to Iceland Express
- Iceland Express titles on a 737 or 757 with a G registration
- MD-90 with an HB registration and Iceland Express titles
- A320 from the Czech Republic at Keflavík between late 2011 and fall 2012
Check more closely
- Astraeus jet without titles at Keflavík – may have been flying for Iceland Express
- Mixed liveries when switching between customers – see Recognizing hybrid liveries
Points against
- Photo after October 2012
- WOW air livery in purple – that is the successor, not Iceland Express
What remains of Iceland Express
- Competition in Iceland: Iceland Express proved that there is room for a budget brand next to Icelandair. WOW air and later PLAY continued this idea.
- The wet-lease principle: Leased jets with other airlines’ titles remain part of everyday summer operations to this day. How that works, you can read in Wet lease explained. Icelandic specialists such as Air Atlanta Icelandic live off exactly that.
- Iceland as a bridge across the Atlantic: The idea goes back to Loftleiðir, which offered cheap Atlantic flights via Iceland as early as the 1950s and 1960s.
Common mix-ups
- Confusing Iceland Express with Icelandair – Icelandair is the long-established network airline, Iceland Express was its budget competitor.
- Taking every Iceland Express aircraft for Icelandic – most carried British, Swiss or Czech registrations.
- Assigning the Astraeus callsign to an airline of its own – FLYSTAR belonged to Astraeus, even when Iceland Express was on the fuselage.
- Taking Iceland Express for the predecessor of PLAY – its direct heir was WOW air, PLAY only came about after its end.
Aviation history in your hangar
Post photos of 737s, 757s or MD-90s with type, registration, airline and spot, swap notes in the community with other fans of Nordic aviation and keep track of your collection in the hangar. Planetrack is launching soon – join the waitlist and get early access.
Conclusion
Iceland Express was an airline without aircraft – and that is exactly why it is so exciting for spotters. Under one name, British Boeing 737s and 757s, Icelandic MD-82s, Swiss MD-90s and Czech A320s flew for almost ten years. The brand brought cheap Iceland flights to Copenhagen, London, Berlin or Lake Constance and even dared the leap to North America in 2010. When the most important operator collapsed in November 2011, the model could no longer be sustained. A year later, Iceland Express was absorbed into WOW air.
In brief
Iceland Express was a historic Icelandic low-cost brand based at Keflavík, active from 2003 to 2012. It owned no aircraft of its own: flights were operated on wet lease by Astraeus, JetX, Hello and Holidays Czech. On old photos, the registration tells you who really flew.
Summary
- Iceland Express was a low-cost brand from Reykjavík that flew from Keflavík to Europe from 2003 and competed with Icelandair.
- There were never any aircraft of its own: depending on the year, Astraeus, JetX, Hello or Holidays Czech Airlines flew with Iceland Express titles.
- After Astraeus collapsed in November 2011, the network shrank sharply, and in October 2012 WOW air took over the brand, route network and customers.
- You can no longer spot Iceland Express live. On old photos, the registration shows who actually operated the aircraft.
Frequently asked questions
Does Iceland Express still exist today?
No. In October 2012, the Icelandic low-cost airline WOW air took over Iceland Express’s route network, brand and customer base. At the end of October 2012, WOW air laid off the Iceland Express employees and terminated the contract with the operator Holidays Czech Airlines. Since then nothing has flown under the name Iceland Express.
Did Iceland Express have aircraft of its own?
No. Iceland Express was a so-called virtual airline: it sold tickets and planned the network but owned no aircraft of its own. The flights were operated by other airlines on wet lease, that is, with their own aircraft, crew, maintenance and insurance.
Which airlines flew for Iceland Express?
At the 2003 launch, the British Astraeus flew with Boeing 737-300s. Later the Icelandic JetX took over with MD-80s and the Swiss Hello with MD-90s. From fall 2008, Astraeus flew again, now with 737-700s and later 757-200s. After Astraeus ceased operations in November 2011, Holidays Czech Airlines stepped in with Airbus A320s.
What IATA and ICAO codes did Iceland Express have?
No codes are reliably documented for the brand itself. Because Iceland Express had no air operator’s certificate of its own, flights ran in air traffic control under the codes of the respective operator. For Astraeus these were, for example, the ICAO code AEU and the callsign FLYSTAR.
Did Iceland Express fly to Germany?
Yes. The German destinations included Friedrichshafen, Frankfurt-Hahn and Berlin-Schönefeld. In the 2012 schedule there were three flights a week to Berlin and two to Hahn, each as a seasonal connection. In addition there was Basel in the tri-border region.
Did Iceland Express also fly to America?
Yes, from June 2010: Newark near New York with four and Winnipeg in Canada with two flights a week, flown by Astraeus with 737s and 757s. Orlando was later added seasonally, and further destinations such as Chicago and Boston were announced in 2011. After Astraeus collapsed in November 2011, the North America flights were discontinued; in 2012 Iceland Express offered no flights to the US anymore.
What does Iceland Express have to do with WOW air?
WOW air started in 2012 as a new Icelandic low-cost airline and thus became a direct competitor of Iceland Express. In October 2012, WOW air took over the network and brand of Iceland Express. WOW air then flew some destinations itself, such as Berlin and Warsaw. WOW air in turn ceased operations in 2019.
Keep an eye on Iceland Express
Watch the airline or individual registrations and get notified on approach or landing – and post your sighting with type, registration and spot. Planetrack is launching soon – join the waitlist and get early access.
Aircraft types in the fleet
Boeing 737-300
Fat engines with flat bottoms, a stretched fuselage and a new cockpit: with the 737-300, Boeing got the 737 ready for a second career in the mid-1980s. Here you learn where it came from, who flew it in Germany and where you can still find it today.
Aircraft typeBoeing 737-500
Small, compact and with the typical flat engine inlets: the 737-500 was the shortest 737 Classic and the modern replacement for the 737-200. Here you read who flew it, where it is still out and about today and how to tell it from the -300 and -600.
Aircraft typeBoeing 737-700
Short, stocky and airborne since 1997: the 737-700 is the compact Next Generation 737. It is getting rarer – here is how to recognize it and where you can still find it.
Aircraft typeBoeing 757-200
Long, slender, tall-legged and with engines that look almost too big: the 757-200 is a narrowbody with long-haul genes. It has been out of production since 2004, so spotters welcome every encounter.
Aircraft typeMcDonnell Douglas MD-82
More than any other version, the MD-82 shaped the MD-80 family: hundreds of “Super 80s” at American Airlines, 90 aircraft at Alitalia, license assembly in Shanghai. Here is how to recognize it and how to still find one today.
Aircraft typeMcDonnell Douglas MD-90
The fuselage of an MD-80, but two thick, round engines at the back: the MD-90 brought the DC-9 family into the era of modern turbofans. Here is how to recognize it reliably, who flew it and why it has all but disappeared today.
Aircraft typeAirbus A320 (ceo)
The jet with which Airbus turned the short-haul market upside down: the first-generation A320 has been in service since 1988 and is still seen at almost every airport. Here is how to recognize it and its variants.
More airlines
WOW air
Historic low-cost airline from Iceland: founded in 2011 by Skúli Mogensen, flying bright purple Airbus jets via Keflavík between Europe and North America – and finished on March 28, 2019.
NetworkIcelandair
Iceland’s network airline links Europe and North America via Keflavík. The fleet is in the middle of a changeover: the Boeing 757 is disappearing as the 737 MAX and Airbus A321LR take over.
CharterAstraeus Airlines
Historic British charter and wet lease airline from Gatwick (2002–2011): Astraeus flew Boeing 737s and 757s for tour operators, Iceland Express and other airlines – and provided Iron Maiden with the 757 “Ed Force One,” often with singer Bruce Dickinson in the cockpit.
Low-costPLAY
Historic low-cost carrier from Iceland: founded in 2019 by former WOW air executives, flying red Airbus jets between Europe and North America from 2021 – and shut down on September 29, 2025.
Low-costSterling Airlines
Historic Danish airline: Sterling Airways flew vacationers south from 1962, went bankrupt in 1993, returned as Sterling European and became a low-cost carrier from 2001 – until bankruptcy in October 2008.
NetworkMaersk Air
Historical Danish airline of the shipping group A. P. Møller-Mærsk: Maersk Air flew from 1969 to 2005 out of Copenhagen and Billund, mainly with Boeing 737s and Fokker turboprops, and merged into Sterling in 2005.
Related airports & manufacturers
Airports, manufacturers, airline groups and alliances – who is behind them and what you should know as a spotter.
Keflavík Airport
Iceland’s gateway to the world sits on a windswept lava field at the edge of the Reykjanes Peninsula: two crossing runways from the days of the US military base, one terminal, Icelandair as the host – and connecting waves between Europe and North America that keep the day in rhythm.
AirportCopenhagen Kastrup Airport
The largest airport in the Nordic countries sits on Amager, eight kilometers from City Hall Square: three runways, a terminal complex with metro and train connections, SAS as the host – and with the Flyvergrillen a spotter spot that has cult status in Denmark.
AirportLondon Stansted Airport
London’s third-largest airport is Ryanair’s realm: a single runway, over 30 million passengers a year, widebody freighters at night and in the morning – and a terminal by Norman Foster that has shaped airport architecture worldwide.
AirportFriedrichshafen Airport
Germany’s southernmost commercial airport is small but steeped in history: the field began as an airship harbor of the Zeppelin era, Dornier built aircraft here, and every April the AERO turns Bodensee-Airport into a meeting point of general aviation. Plus leisure airlines, Dash 8s to Berlin and Hamburg and a Zeppelin NT on the doorstep.
Related guides from the blog
- Wet lease explained: why other airlines’ aircraft fly for your airline
- Major airline bankruptcies in Europe: from Swissair to Alitalia
- How low-cost airlines work: costs, single-type fleets and ancillary revenue
- British G- registrations: G-INFO, personalized registrations and special cases
- Spotting hybrid liveries: when one aircraft wears two airlines
- How to tell the Boeing 737 Original, Classic, NG and MAX apart
- Plane spotting at Copenhagen Kastrup: spots beyond the Flyvergrillen



