The story
The airline was established in 2004 and started operations on 1 October 2004, taking over the domestic operations of Islandsflug. The owners of City Star Airlines, a ticket sales office based in Aberdeen, Scotland, acquired the controlling shares of the airline in 2005 in order to acquire JAR OPS 1 licensed operator for its expanding Aberdeen operation. In March 2007, Landsflug had 80 employees. In 2008, the company was disestablished.
From Wikipedia’s article on Landsflug, shared under CC BY-SA 4.0.3