FL Group to sell off 51% of Icelandair by year end
Details of FL Group's plan to spin off Icelandair ( ATWOnline, Feb. 13) were revealed yesterday by Glitnir, an Icelandic bank that will underwrite an offering of 51% of the carrier. The sale is expected to net FL Group ISK26 billion ($364.1 million). Icelandair Group, which employs 2,700, will be...
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