 Local bus services within Akureyri are provided by the SVA (Akureyri Bus Company), which does not charge fares.The cessation of fares in 2008 resulted in an increase of 130% in passenger numbers compared to the previous year when fares were charged.Route 1 or the Ring Road (Þjóðvegur 1 or Hringvegur) connects the town with the other parts of the country, including Reykjavík, which is away.