Icelandic LCC Play Issues Profit Warning

PLAY A321neo
Credit: Joe Pries
Icelandic LCC Play, which is in the process of restructuring its business, has warned that its second quarter net losses will deepen from $10 million to $16 million. The news comes just days after Play raised ISK2.4 billion ($19.6 million) in additional funds and abandoned a voluntary takeover by...
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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