The story
Mýflug was established in 1985. In 2023 Mýflug acquired the majority of shares in Eagle Air, which had run into financial difficulties and the year after the two airlines merged into a single entity, called Mýflug. Subsequently, Eagle Air was wind up.
Mýflug took over operation of Eagle Air's only remaining route, from Reykjavík Airport to Hornafjörður Airport, Höfn; a government subsidised essential air service. In October 2024, Mýflug Air secured a government contract for seasonal winter flights to Vestmannaeyjar Airport for the period 2024-2027, running from December to February.
In April 2025, Mýflug relinquished its remaining scheduled flights to Hornafjörður (Höfn) and Vestmannaeyjar, with Norlandair acquiring the routes. Mýflug subsequently announced it was reducing its operations considerably.
In June 2025, it was reported that the airline ended all flight operations after 40 years of service.
From Wikipedia’s article on Mýflug, shared under CC BY-SA 4.0.4