Iceland's Niceair Halts Operations In Dispute With Aircraft Owner

Niceair CEO Sigurjonsson

Niceair CEO Thorvaldur Ludvik Sigurjonsson.

Credit: Kurt Hofmann
Icelandic carrier Niceair has decided to cancel all flights as of April 6 due to a dispute over lease payments between wet-lease specialist Hi Fly and the owner of the aircraft Avolon. Niceair CEO Thorvaldur Ludvik Sigurjonsson told Aviation Daily in a late evening interview April 7 that the...

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