Interesting comments Basil.
Could it be that the company now is experiencing the problems that have been building for so many years, such as sub-standard crew salaries and conditions, previously mentioned sub par maintenance...and now the associated difficulties with rapid expansion?
If this sort of incident/accident keeps up, the company may well fall thru the thin ice it has been skating on for so many years.
Folks seem to come and go at AAI, yet the company does not seem to learn from its past mistakes.
It could of course take a turn for the worse, and invite (for Iceland) an ICAO/FAA audit, with perhaps a less than desirable outcome.