Iceland’s PLAY Cancels Aircraft LOI Amid Fleet Rethink

PLAY A321neo
Credit: Joe Pries
Icelandic Airbus A320/A321neo operator PLAY has canceled letters of intent (LOIs) for two aircraft that were scheduled to join its fleet in 2025 and detailed plans for an ISK3-4 billion ($22-29 million) capital raise. “It has been decided that a slightly different aircraft profile is more suitable...

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