Like most Icelandic companies , Icelandair was hit quite hard by the 2008 financial crisis in the country , but was well on the road to recovery when another crisis of a very different kind hit in 2010 . The air traffic restrictions following the 2010 eruptions of Eyjafjallajökull resulted in large parts of the European airspace being closed down . The air travel disruption coincided with the start of the important summer season for the company . The in-house crisis management organization began assessing the situation once the scale of the problem had become known . Thrice-daily crisis meetings were held at the airline 's headquarters . Icelandair tried to operate as many passenger flights as possible , keeping its hub at Keflavík open and diverting European flights to airports that were still open . The eventual closure of Keflavík due to the volcanic ash cloud coincided with an improvement of the situation towards Europe , which allowed Icelandair to move its headquarters with 200 staff to Glasgow and operate flights from there for ten days , with shuttle flights to Iceland 's Akureyri Airport and round-the-clock bus shuttles onwards to Reykjavík
2010 eruptions of Eyjafjallajökull
2010 eruptions of Eyjafjallajökull
Icelandair