All Play Airlines articles – Page 2
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News
Iceland’s Play poised to start generating profits later this year
Icelandic budget carrier Play has turned in a first-half net loss of $25.6 million, of which the second quarter accounted for $14.3 million. The airine attributes the interim losses to the carrier’s having yet to achieve economies of scale. Play generated revenues of $42.2 million over the six months to ...
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Airline Business
Icelandair chief on Covid recovery, Max jets, 757s, cargo and competition
With the group restructured during the pandemic, Icelandair under Bogi Nils Bogason is emerging as a streamlined, aviation-focused business with a decision ahead on its future fleet
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News
Icelandic carrier Play makes US debut with Baltimore service
Icelandic low-cost carrier Play operated its first US flight on 20 April, with a service to Baltimore/Washington International airport.
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News
IPO eradicates risk of ‘megalomania fit’ at growing airline: Play chief
The chief executive of Icelandic budget airline Play has explained how last year’s IPO was an important step in taking risk “off the table” for the start-up carrier’s stakeholders following the missteps at defunct compatriot Wow Air.
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News
Iceland’s Play optimistic of achieving positive second-half earnings
Icelandic low-cost carrier Play expects to start turning in positive earnings in the second half of this year, as its transatlantic network matures. The airline has disclosed a $22.5 million net loss for 2021 – the carrier started services in June last year – on revenues of $16.4 million. It ...
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News
Iceland’s Play signs for A320neos from Chinese lessor
Icelandic start-up Play has signed for another pair of Airbus A320neo twinjets, sourcing them from Chinese lessor CALC. The airline is set to take delivery of the jets in March next year. It says the A320neo are new and will be delivered directly from Airbus. Hong Kong-based CALC has orders ...
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News
Play firms deal to lease four A320neo family jets from GECAS
Icelandic start-up carrier Play has firmed plans to lease three Airbus A320neos and one A321neo from aircraft lessor GECAS.
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News
Icelandic start-up Play signs preliminary deals on fleet expansion
Icelandic start-up carrier Play has signed letters of intent with lessors covering six more Airbus A320neo family aircraft.
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News
Icelandic start-up Play applies to launch transatlantic flights
Icelandic start-up carrier Play has filed for authority to begin services from Reykjavik to the US east coast next summer as it plots the next steps of its development.
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News
Icelandic start-up Play details IPO ahead of small growth market listing
Icelandic budget start-up carrier Play is seeking to raise IcKr3.9-4.3 billion ($32-35 million) from an initial public offering, with its shares listing on a small-company stock market. Play is launching its first flights on 24 June, coinciding with the opening of its share subscription period. The offering will comprise two ...
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News
Start-up Play shows off distinctive livery on A321neo
Icelandic start-up carrier Play’s first aircraft has emerged in the airline’s distinctive all-red livery. The aircraft, an Airbus A321neo, is fitted with CFM International Leap-1A powerplants. Reykjavik-based Play has obtained its air operator’s certificate and is intending to launch services in June. The carrier has listed seven initial destinations from ...
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Airline Business
The airline start-ups trying to confound Covid crisis by launching during pandemic
FlightGlobal has spoken to the leaders behind start-ups across Africa, Asia, Europe and the Americas about their respective launch carriers’ ambitions and for perspectives on starting an airline during the crisis.
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Airline Business
Why Icelandic start-up Play is taking measured approach to growth
Whilst the pandemic means Icelandic budget start-up Play has had to bide its time before launching, chief executive Birgir Jonsson says the carrier will remain patient in adding capacity in a bid to resist the pitfalls of over-expansion.
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News
Iceland’s Play to launch with Stansted service in June
Icelandic start-up Play Airlines plans to launch operations next month, debuting on the Reykjavik-London Stansted route.
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