I understand the few aeroplanes on turnarounds were grounded and the crews brought direct back to base by EJ. Not sure what arrangements were made for their effects, but the company credit card was still valid. There appears to have been a pretty seamless (and secret!) transfer of operations to CSA Holidays flying A320s via temporary use of Jet Time of Denmark. Further ramifications now are: the ground handling agents/ops/pax staff/engineering at KEF have all been laid off permanently after achieving 6 months in the job following the disastrous overnight decision to change handlers at KEF for 1 June (by the director who ended up in dispute with Fengur after being dismissed, and who is now starting a new airline called 'Wow' with Canadians now- as the new owner reported: 'Wow' upside down is 'Mom', giving you a nice warm cuddly feeling, and I think he added 'wrapping round you keeping you warm' or something like that, but I was feeling rather ill at that stage and couldn't really absorb it.). Also, a significant number of KEF based Astraeus pilots, both British and Icelandic, have also been seen off. I'm not sure the IEX cabin crew status- they had already lost temporary summer staff, and the new operation is smaller, so I would guess more have gone.
It's not a good record- 4 airlines sent to the chopping block by this company, and another patsy being lined up. IEX will have to contend with Norwegian, WOW or MOM or whatever it is, and EJ on the routes as well now. The (ex) staff are bewildered- the whole caboodle dumped in the bin on a demand for more cash, worldwide AOC which is supposed to be worth something, forthcoming contracts in the Far East (2) and Africa which some say were still possibly on. And talk of a takeover bid fended off in September. I gather the public relations of IEX in Iceland are now dire. One wishes them better luck (than we had!)- unlike some in this thread, one does not want to see enterprises flounder and good, hard working people, doing their best, thrown out.
This site has all you need to know, get Google translating for you:
Fréttaleit: astraeus - mbl.is