Icelandair completed its acquisition of a 49% stake in Fly Play Europe Holdco (FPE) on August 20, paying $686,000 for a stake in the Maltese entity holding a European Air Operator Certificate. We flagged this deal back in April, when…
Icelandair is interested in acquiring a 49 percent stake in a still existing entity of Fly Play, the Icelandic low-cost carrier that went bankrupt in September. It is seeking a minority share in Malta-based Fly Play Europe, which has a…
Iceland is a niche market and is suffering from negative volcanic news. Yet the nation’s flag carrier is talking up its prospects. The chart reflects the island’s traffic and movement data produced by ISAVIA. As expected, Iceland is a seasonal…
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Amsterdam Schiphol decided to limit slots next summer. Here is a link to the airport’s Capacity Declaration for Summer 2024. And here is the airport’s explanation to the cargo community. Reaction from the US airlines was negative. The US DoT…
Yesterday’s news about a joint venture between Canada’s Air Transat and Porter Airlines percolated overnight. The idea they put forward looks smarter the more we think about it. The strength, as we see it, is their combined fleet capabilities. Neither…