flugvélaiðnaðurinn
Flugvélaiðnaðurinn, or the Icelandic aviation industry, encompasses the development, manufacturing, and maintenance of aircraft and related technologies within Iceland. While not a large-scale manufacturing hub compared to global giants, Iceland has a significant presence in specialized areas of aviation. This includes the design and production of components, particularly for general aviation and niche markets. Companies in this sector often focus on innovation and high-value segments rather than mass production.
The industry is also heavily influenced by Iceland's unique geographical location and its reliance on air travel