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Play Airlines Fined for 2022 Disclosure Violation

Play Airlines, the low-cost carrier based in Iceland, has accepted a settlement offer from the Financial Supervisory Authority (FME) relating to issues around the disclosure of its lower revenue generation in 2022. As part of the settlement, the airline has agreed to pay a fine of US$120,800.

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PLAY Airlines Cancels Multiple Routes in 2025

PLAY Airlines, Iceland’s low-cost carrier, has announced the cancellation of several routes in its 2025 schedule. The affected routes include flights from Reykjavik Keflavik to Gothenburg, Hamilton, Palma de Mallorca, and Stockholm Arlanda. This decision reflects the airline’s strategy to optimize its network and focus on routes with higher demand.

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Air Berlin Wins Legal Case Against Isavia

The Reykjanes District Court has ruled in favor of Air Berlin’s insolvency administrator in a legal case against Isavia, Iceland’s airport operator. The decision allows the administrator to confiscate assets worth over $1.1 million, stemming from a dispute over an aircraft impounded at Keflavík Airport in 2017. The ruling represents a significant victory for Air Berlin’s creditors, as the funds recovered will contribute to…

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Icelandair Sees 12% YoY Passenger Growth in October 2024

Icelandair has reported significant growth in its October 2024 traffic data, with 409,000 passengers transported, reflecting a 12% increase year-over-year (YoY). The airline also saw an improvement in load factor (LF), which rose by 3.1 points to 84.6%. The rise in passenger numbers highlights Icelandair’s strong recovery and increased demand for its routes, further supported by strategic capacity adjustments to optimize passenger loads and…