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Fly Play Receives Takeover Offer From BBL 212

Fly Play, the Icelandic low-cost airline, has received a voluntary takeover proposal from BBL 212, a newly formed Icelandic investment group. This group is spearheaded by Einar Orn Olafsson, currently the CEO of PLAY, and Elias Skili Skulason, the airline’s Vice Chairman. The proposed acquisition would see BBL 212 acquire 100% of Fly Play’s shares, reflecting a significant internal consolidation effort to reposition…

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Tarom To Lease Two Additional B737-8 Aircraft

Tarom, the national airline of Romania, has firmed a lease agreement with Avolon, an Irish leasing company, for two additional Boeing 737-8 aircraft, serials 65548 and 65549. This move highlights Tarom’s ongoing fleet renewal efforts to enhance its competitiveness and operational efficiency.