PLAY

By Graham Warwick
Our roundup of the main aerospace and defense stories making the news this week.
Aircraft & Propulsion

By David Casey, Helen Massy-Beresford
The Icelandic carrier, which ceased operations last month, is the latest casualty of an unforgiving market.
Airlines & Lessors

By David Casey
The collapse of Icelandic carrier Play is the latest reminder of how unforgiving the transatlantic market is for low-cost operators.
Airlines & Lessors

By Daniel Williams
Recent news about operators Play and Braathens International ceasing operations prompts this week's Flightriday examination of flight hours for those operators.
Airlines & Lessors

By Victoria Moores
Former Icelandic LCC Play, which recently transitioned to wet lease operations, has suspended flights with immediate effect.
Airlines & Lessors

By Victoria Moores
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.
Airlines & Lessors

By Kurt Hofmann
Local rival LCC Play is changing its strategy, making Icelandair the only hub carrier at Keflavik, amid a weakened transit market for Iceland's flag carrier.
Airlines & Lessors

By Victoria Moores
Icelandic LCC PLAY has confirmed plans to significantly restructure its fleet and network.
Airlines & Lessors

By David Casey
Icelandic carrier Play will end its remaining U.S. routes later this year and shift to a scaled-back leisure and wet lease-focused model.
Airlines & Lessors

By David Casey
Iceland's Play is deepening its transition to a hybrid business model, expanding wet-lease operations and doubling down on point-to-point leisure flying.
Airlines & Lessors

By David Casey
Icelandic carrier Play has secured an air operator certificate for its new Maltese subsidiary as part of a restructuring process.
Airlines & Lessors

By Helen Massy-Beresford
Icelandic airline Play announced a new wet-lease agreement that would boost profitability and improve predictability of its income.
Airlines & Lessors

By Aaron Karp
The latest airline route news, featuring network changes, schedule alterations, codeshares and interline agreements.
Airports & Networks

By Kurt Hofmann
Icelandair expects improvement on yields as local competitor Play enacts changes to its business model and significant capacity cuts on North Atlantic routes.
Airlines & Lessors

By David Casey
Iceland’s Play is shifting its focus away from connecting traffic between Europe and North America.
Airlines & Lessors

By David Casey
The latest airline route news, featuring network changes, schedule alterations, codeshares and interline agreements.
Airports & Networks

Aviation Week Network Staff
Recent personnel developments include changes at airlines in South America, the U.S. and Iceland, as well as air freight companies in the U.S. and Europe.
Airlines & Lessors

Aviation Week Network Staff
Recent personnel developments in the commercial aviation industry include changes at a trio of U.S. LCCs, an Icelandic LCC, and a major turboprop manufacturer.
Airlines & Lessors

Aviation Week Network Staff
This week’s staff movements highlight management changes at New York-based JetBlue Airways and Icelandic carrier Play.
Airlines & Lessors

Aviation Week Network Staff
This week’s staff movements highlight changes at Europe’s largest hub, a U.S. legacy carrier, and an Icelandic LCC.
Airports & Networks

By Helen Massy-Beresford
Einar Örn Ólafsson, one of the LCC's largest shareholders, is replacing Birgin Jónsson, who has led the airline since its 2021 launch.
Airlines & Lessors

By Victoria Moores
PLAY had flagged a need to strengthen liquidity after a series of external factors adversely impacted the airline’s full-year results.
Airlines & Lessors

By Victoria Moores
Icelandic Airbus A320/A321neo operator PLAY has canceled letters of intent (LOIs) for two aircraft that were scheduled to join its fleet in 2025.
Airlines & Lessors

By Victoria Moores
European carriers tack through myriad challenges.
Airlines & Lessors

By Kurt Hofmann
For the week commencing Dec. 4, airlines serving Keflavik airport have cut 2.1% of the seats they expected to operate.
Airlines & Lessors