Air Atlanta Icelandic is a charter and cargo airline based in Kópavogur, Iceland. It specialises in leasing aircraft on an ACMI (Aircraft, Crews, Maintenance, Insurance)/wet lease basis to airlines worldwide needing extra passenger and cargo capacity. It also operates charter services for Icelandic tour operators. In mid 2007 the airline decided to shift its focus to air cargo operations. The company is owned by CEO Hannes Hilmarsson and other members of its management team, who bought out former owner Hf. Eimskipafélag Íslands (known as Eimskip) in 2007.
Air Atlanta Icelandic was founded in 1986. The company maintains a fleet of about 30 Boeing and Airbus jets. Its main base is Keflavík International Airport.