Mýflug
- Company typePrivate
- Founded1985
- HeadquartersReykjahlíð, Iceland
- Headcount1–10
- GTM typeB2B
- OfferingServices
Mýflug firmographics
Firmographics- Name
- Mýflug
- Legal name
- Mýflug hf.
- Website
- https://myflug.is
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Mýflug industry classification
Industry- Product category
- Air Ambulance and Aviation Services
- NAICS
- Nonscheduled Air Transportation (4812), Nonscheduled Chartered Passenger Air Transportation (481211)
- SIC
- Air Transportation, Nonscheduled (4522)
- akta.pro primary industry
- Air Medical Transport (Helicopter/Fixed-Wing) (HLAFANAD)
- akta.pro secondary industry
- Emergency, Evacuation & Repatriation Charter Operators (THABADAH)
Keywords
Where Mýflug is headquartered
LocationHeadquarters
- HQ city
- Reykjahlíð
- HQ country
- Iceland
- HQ region
- Europe
Offices2 records
Markets served
Mýflug business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Air Ambulance Services: Contracted air ambulance services provided to large parts of Iceland under agreement with Icelandic Ministry of Health. Operates 700-800 ambulance flights annually. Includes international patient transport capabilities.
- Charter Flights: Private charter services using Beechcraft Kingair 200 (up to 9 passengers) and Cessna 206 (5 passengers). Also includes operations for Icelandic Coast Guard.
- Sightseeing Flights: Seasonal sightseeing flights over Northern Iceland departing from Lake Myvatn airport. Operates during summer months.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Mýflug product offering
Product offeringCore offering
Mýflug is an Icelandic EASA-approved airline that provides contracted air ambulance services across Iceland using a dedicated Beechcraft Kingair 200 based at Akureyri Airport, operating roughly 700–800 ambulance flights per year with captain, first officer, and EMT personnel. The company also offers charter flights with the Beechcraft Kingair 200 and Cessna 206, seasonal sightseeing flights over Northern Iceland from Lake Mývatn, and flight calibration services in Iceland, Greenland, and the Faroe Islands. Note: as of 1 April 2025, Mýflug has announced it will not offer scheduled flights, charter flights, or sightseeing flights in summer 2025.
Product overview
Mýflug Air is an Icelandic airline offering four core services: air ambulance (patient transportation with dedicated Beechcraft Kingair 200), charter flights, seasonal sightseeing flights from Lake Mývatn, and aviation calibration flights. The fleet consists of two Beechcraft Kingair 200 aircraft (one for charter, one for air ambulance) and two Cessna 206 Stationair aircraft primarily used for sightseeing.
Differentiator
Problem solved
Functional benefit
Products and services
- Air Ambulance Services Contracted air ambulance services providing patient transportation across Iceland using a specially equipped Beechcraft Kingair 200 stationed at Akureyri Airport, handling approximately 700–800 flights annually. Each flight is operated with a captain, first officer, and EMT crew, with two-stretcher capability and vital care equipment. Includes international patient transport to Greenland, Scandinavia, and the UK. Provided to the Icelandic Ministry of Health under long-term contract.
- Charter Flights Private charter flight services using Beechcraft Kingair 200 (up to 9 passengers) and Cessna 206 Stationair (5 passengers) aircraft, serving destinations including Iceland, Greenland, Scandinavia, the Faroe Islands, and the UK. The Kingair is a turboprop capable of high altitudes and short runways, suitable for executive transport, cargo, and access to remote locations. Note: As of 1 April 2025, Mýflug announced it will not offer charter flights in summer 2025.
- Sightseeing Flights Seasonal sightseeing flights from Reykjahlíð airport (Mývatn airport) offering aerial views of Northern Iceland's nature, operated using Cessna 206 Stationair aircraft typically during summer months. Designed for tourists and visitors to the Lake Mývatn region. Note: As of 1 April 2025, Mýflug announced it will not offer sightseeing flights in summer 2025.
- Flight Calibration Services Flight calibration services conducted in Iceland, Greenland, and the Faroe Islands using Beechcraft Kingair aircraft operated on behalf of Isavia (Iceland's national airport operator). The specialist aircraft is well-suited to the high-altitude and short-runway environments of these regions.
Quantifiable outcome
- 700-800 ambulance flights per year
- +2 more outcomes
Companies that use Mýflug
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Mýflug technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Mýflug partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- IsaviaminorMýflug took over daily operations of Isavia's Beechcraft Kingair 200 aircraft in 2008. Initial one-year contract renewed for three years in 2009. Aircraft used for backup ambulance service and charter flights, plus flight calibrations in Iceland, Greenland, and Faroe Islands.
- Icelandic Ministry of HealthcoreGovernment contract to provide air ambulance services to most of Iceland. Five-year contract beginning January 1, 2006 with optional two-year extension. This is Mýflug's primary revenue-generating partnership.
- The Akureyri Fire DepartmentcoreOngoing cooperation in air ambulance operations. The fire department provides EMT personnel who accompany patients on flights. Operations based at Akureyri airport.
- Icelandic Coast GuardminorMýflug conducts flight operations on behalf of the Icelandic Coast Guard in recent years, providing additional revenue and operational scope.
- Domestic Icelandic AirlinesminorMýflug has worked closely with most of the domestic airlines in Iceland through the years, indicating collaborative relationships within the Icelandic aviation ecosystem.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Mýflug competitors and assessment
Company assessmentDirect peers
- Capital Air Ambulance: UK-based air ambulance and medical repatriation operator using fixed-wing aircraft. Comparable in providing international patient transport services, including from Nordic regions to UK destinations.
- Norwegian Air Ambulance (SNLA): Norwegian operator providing fixed-wing and helicopter air ambulance services under government contract. Comparable business model (publicly contracted HEMS/air ambulance) and similar Arctic/Nordic operating environment.
- Eagle Air Iceland: Icelandic domestic airline historically providing scheduled and charter flights across Iceland using small turboprop aircraft. Comparable in scale, fleet size, and the niche of connecting small Icelandic communities with mainland routes.
- Norlandair: Icelandic regional airline operating charter, air ambulance, and scheduled services from Akureyri with similar turboprop fleet. Most direct domestic comparable given overlapping service lines (charter, air ambulance) and shared Northern Iceland base.
- FinnHEMS: Finnish state-funded helicopter emergency medical services operator. Comparable as a publicly contracted, government-funded HEMS/medical aviation service in a Nordic country with challenging operating conditions.
- Flight Calibration Services (FCSL): Specialized provider of flight inspection and calibration services for aviation navigation aids globally. Comparable as a niche B2B aviation calibration operator serving government aviation authorities, mirroring Mýflug's Isavia partnership work.
Regional players
- Air Greenland: Flag carrier of Greenland operating scheduled, charter, and medevac services to remote communities. Comparable in serving geographically dispersed populations in Arctic conditions with turboprop aircraft requiring short runway capability.
- Bluebird Nordic: Icelandic cargo and charter operator based at Keflavik. Comparable in being an Icelandic-headquartered aviation operator with similar small-fleet, charter-focused business model, though focused on cargo rather than ambulance.
Broad incumbents
- FAI rent-a-jet: German-based executive charter and air ambulance operator with global reach. Comparable in offering dedicated air ambulance and medevac services alongside charter operations, but with a broader international footprint.
- Falck Air Ambulance: Large Nordic emergency services and air ambulance operator. Comparable in providing contracted air ambulance services across Scandinavia and Denmark under government healthcare agreements, though at much greater scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Mýflug social profiles
Digital presenceMýflug compliance and trust
Trust signalCompliance3 records
Mýflug financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mýflug leadership team
Management profileNumber of profiles
Profiles5 records
Mýflug funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mýflug M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mýflug
What does Mýflug do?
Mýflug is an Icelandic EASA-approved airline that provides contracted air ambulance services across Iceland using a dedicated Beechcraft Kingair 200 based at Akureyri Airport, operating roughly 700–800 ambulance flights per year with captain, first officer, and EMT personnel. The company also offers charter flights with the Beechcraft Kingair 200 and Cessna 206, seasonal sightseeing flights over Northern Iceland from Lake Mývatn, and flight calibration services in Iceland, Greenland, and the Faroe Islands. Note: as of 1 April 2025, Mýflug has announced it will not offer scheduled flights, charter flights, or sightseeing flights in summer 2025.
Is Mýflug a public or private company?
Mýflug is a private company. It is classified as unknown and is currently operating.
When was Mýflug founded?
Mýflug was founded in 1985. It employs 1 to 10 people.
Where is Mýflug based?
Mýflug is headquartered in Reykjahlíð, Iceland, in the Europe region.
How does Mýflug make money?
Three revenue lines are on record. Air Ambulance Services are the primary driver. The others are charter Flights and sightseeing Flights.
Who are Mýflug's main competitors?
Direct peers on record are Capital Air Ambulance, Norwegian Air Ambulance (SNLA), Eagle Air Iceland, Norlandair, FinnHEMS and Flight Calibration Services (FCSL). Regional players are Air Greenland and Bluebird Nordic. Broad incumbents are FAI rent-a-jet and Falck Air Ambulance.
Does Mýflug have an API?
No public API is recorded for Mýflug.
What industry is Mýflug in?
Mýflug's product category is Air Ambulance and Aviation Services. Its primary akta.pro industry code is HLAFANAD, Air Medical Transport (Helicopter/Fixed-Wing), with a secondary code of THABADAH, Emergency, Evacuation & Repatriation Charter Operators. Its NAICS code is 4812 and its SIC code is 4522.