All Play Airlines articles
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News
Play reinforces transatlantic bridge with Amsterdam service
Icelandic budget carrier Play is to extend its European network to Amsterdam over the summer, to reinforce its transatlantic bridge network. The new route, which will open in the first week of June, will bring the carrier’s network up to nearly 40 destinations, two years after it commenced services. Play ...
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News
Play shifting from rapid expansion to ‘surgical’ network tightening: CEO
Icelandic low-cost airline Play’s chief executive, Birgir Jonsson, appears prepared to turn off the seat-belt sign nearly two years after the carrier embarked on its rapid ascent through an uncertain and tempestuous air transport sector.
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News
Play optimistic of full-year profit despite economic uncertainty
Icelandic budget airline Play is expecting positive full-year earnings for 2023, as it prepares to expand its fleet to 10 aircraft and its network to 36 points. Play turned in an operating loss for last year of $44.1 million and a pre-tax loss of $55.5 million, based on revenues of ...
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News
Play picks secondary Toronto airport for first Canada flights
Icelandic low-cost carrier Play will serve its first Canadian destination from June, when it launches service to one of Toronto’s secondary airports.
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Icelandic carrier Play names new finance chief
Icelandic budget carrier Play has named Olafur Thor Johannesson as its new finance chief, following the decision by Thora Eggertsdottir to step down. Johannesson will take up the position at the beginning of November, the airline states. He previously served as the chief executive of energy firm Skeljung, a post ...
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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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Interview
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 ...
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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 ...
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In depth
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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Interview
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.