If you want to work as a contractor.
Bluebird dosent employ anyone permanently anymore. Those who work there on permanent contract are encouraged to apply with Icelandair.
They dont want anyone in the pilots union. They were a independent company which Icelandair Group bought and then things started to change for the worse.
Pay and condition I cannot tell you. However if you have a B737 rating contact them and see what they have to say. I know the Chief Pilot and he is a descent guy. However it seems he is without power about some issues related to contract.
Best of Luck to you.
PS.
Another Company in Iceland is JET X. They are crooks and treat the crew like !!!!. Everyone is a contractor and the people running crewing are all People Air Atlanta Icelandic laid off recently. Stay away from them. They drive 737-800 as well and you have to bring their own rating. They recently had an incident in KEF and we are still waiting for the outcome of the legality of the crew duty time. They are worse than Ryanair when it comes to treatment of crews. I met this scandinavian captain when coming from a flight in KEF and he had some bad things to say about them. Same seems to be happening with icelandic owned Sterling Airways in Copenhagen. When they merged with Maersk Air all the pilots had to take a paycut and worse conditions followed.