Icelandic LCC PLAY’s Shareholders Pledge $19M In Fresh Funding

PLAY Icelandic startup
Credit: PLAY
Existing shareholders at Icelandic Airbus A320/A321neo operator PLAY have committed to invest a further ISK2.6 billion ($18.7 million) in the airline, although this remains dependent on certain conditions. When PLAY detailed its results on Feb. 8, it flagged a need to strengthen liquidity after a...
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.

Subscription Required

 

Icelandic LCC PLAY’s Shareholders Pledge $19M In Fresh Funding is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.