Capital of Iceland - Reykjavik’s non-stop serviceApril 7th, 2009 - 10:45 pm ICT by GD
The news that Iceland will initiate non-stop services from Seattle in July brings back memories of a time when hopping onto a flight that touched down at Iceland was a traveler’s cheap ticket to Europe.
Numerous American college students took their first step abroad, including Bill and Hillary Clinton, when Icelandic Airlines did not operate any direct flights during 1960s. The flights halted for refueling in the city of Reykjavik, then continued to Luxembourg.
Nowadays, passengers who board flights onto this remote island country in the North Atlantic, are more likely to be carrying briefcases rather than backpacks.
The manager of Five Stars of Scandinavia, an Olympia travel agency, Natalie Chambers said, “It feels like first-class accommodations, even when you’re in a coach,”. For a brief period of time, the airline will bring back cheap round-trip fares, or at least cheap compared to today’s standards. Very few seats are going as low as $646, with taxes, for outbound travel through August 30 and will return by the end of September for tickets booked by next Friday.
Iceland was one of the world’s richest countries until its banking industry collapsed last year. Now its government has gone bankrupt. The unemployment rate is 13%, and its currency, 120 krona to one U.S. dollar vs. 70 krona just a year ago.
Finance Minister Steingrimur Sigfusson indicated in the parliament, that the capital controls brought in last year to bolster the currency were not functioning sufficiently, and hampered the build-up of Iceland’s foreign reserves. Sigfusson further said that although the measures were urgent and necessary, the present poor financial situation could not be avoided.
- Icelandair and Alaska Airlines announce codeshare, frequent flier partnership - Jul 27, 2010
- Passengers stuck as volcanic ash spreads across Europe (Second lead) - Apr 16, 2010
- Iceland's most active volcano erupts - May 22, 2011
- Air India to resume flights to most global destinations - Aug 12, 2012
- American Airlines plane makes emergency landing in Iceland - Apr 13, 2010
- Air Arabia Egypt launches Istanbul flights - Jun 25, 2011
- Emirates woos passengers with New Year discount - Dec 27, 2011
- European airlines cancel more than 500 flights as volcanic ash spreads - May 24, 2011
- Emirates cuts fares on select destinations - Jul 18, 2012
- IATA suspends Kingfisher from two more inter-airline transaction systems (Lead) - Mar 09, 2012
- 'Falling rupee making India more attractive to tourists' - Jul 14, 2012
- Kingfisher shuts shop in Lucknow: Airport officials - Mar 26, 2012
- European no-fly zone shrinks, but remains subject to change - Apr 20, 2010
- Malaysia Airlines bans babies from first class - Jun 30, 2011
- No government bailout for Kingfisher: Ajit Singh (Lead) - Feb 20, 2012
Tags: american college students, banking industry, bill and hillary, briefcases, capital of iceland, cheap ticket, class accommodations, direct flights, finance minister, financial situation, five stars, hillary clinton, iceland reykjavik, icelandic airlines, krona, next friday, olympia travel, richest countries, scandinavia, unemployment rate