Icelandair Group Restructuring Still Needs Lessor Support

Icelandair
Credit: Nigel Howarth/Aviation Week
Icelandair Group is still locked in financial restructuring talks with lessors, a credit card acquirer and Boeing, further-delaying its time line toward a share offering and government-backed loan. “The cash position of the company is currently around $150 million, which is in excess of three months...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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