PLAY to expand fleet

During the presentation of its 2021 second quarter results, PLAY announced it has signed two Letter of Intents (LoI) with two lessors to expand the fleet with six additional aircraft. The first LoI is for two new A320neos with a planned delivery in the first quarter of 2022. The second LoI is for three A320neos and one A321neo with delivery in the first quarter of 2023. All six aircraft will be factory new aircraft. A deal for an additional aircraft is being negotiated, which would bring PLAY's fleet to ten aircraft in 2023.

Next year, the Icelandic carrier will also expand its route network with additional destinations in Europe as well as opening the first routes to the US. Currently, the airline flies its three A321neos year-round to Alicante, Berlin, Copenhagen, London-Stansted, Paris-Charles de Gaulle and Tenerife. It also has seasonal flights to Barcelona, Las Palmas, Salzburg and Warsaw.

Further expansion of the fleet is planned as well, with the fleet growing to twelve aircraft in 2024 and to fifteen by 2025.

Photo by PLAY.