During the past 25 years, Magnus has gained comprehensive experience in the aviation and aircraft leasing industry. Magnus joined Icelandair in 1997, heading up marketing, yield management and e-commerce, with a base in Washington, DC.  In 2001, Magnus took on the responsibility as Director, Global Sales Planning and Development.

In 2003, Magnus left Icelandair to take over as Vice President-Business Development for Avion Group, an international transportation investment firm with several thousand employees and operations across the globe. During his time at Avion, he co-led the merger of Air Atlanta Icelandic and Islandsflug and led the purchase of Star Airlines in France and Aero Flight in Germany which eventually became part of the XL Leisure Group. Over the past 15 years, Magnus has also served as a board member with various airlines and aviation/hospitality investment firms and worked as an aviation/fleet/aircraft leasing consultant on projects in Australia, Middle East, Europe, US and Canada.  Since joining Icelease in 2010, Magnus has been active in both transaction origination and remarketing but has also led Icelease’s investor relationship development, resulting in several successful and long-term investor partnerships with Private Equity firms, HNWI’s and Sovereign Wealth Funds.

Magnus has been a Senior Partner at Icelease since 2011 and Chairman of IAT-Leasing since 2023. Magnus holds a BA in International Affairs and Economics from the University of Colorado.