Icelandair Takes 49% Stake in Maltese AOC Holder
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
Icelandair takes 49% stake in Maltese AOC holder
Icelandair Group has acquired a 49% stake in Fly Play Europe Holdco (FPE), giving the airline access to an additional European Air Operator Certificate (AOC) as it seeks greater operational flexibility and new international growth opportunities. Icelandair is acquiring the stake from FPE hs., a fund managed by Isafold Capital Partners, for US$686,000. FPE’s subsidiary, Fly Play Europe Limited, holds an AOC in Malta. The deal follows a letter of …
Icelandair has completed the acquisition of a 49 percent stake in Fly Play Europe Holdco, which has a subsidiary in Malta with a Maltese air operating license. The purchase price is 686 thousand US dollars, or 83.4 million ISK. Negotiations began in the spring. The acquisition gives Icelandair access to an additional air operating license within Europe, which the company says will increase flexibility and create opportunities for operational opt…
Icelandair has completed the acquisition of a 49% stake in the company that manages the Maltese operating license of the old airline Play.
Icelandair Group hf. has completed the acquisition of a 49 percent stake in Fly Play Europe Holdco ehf., from FPE hs., a fund managed by Ísafold Capital Partners hf., whose subsidiary, Fly Play Europe Limited in Malta, holds a Maltese operating license. The acquisition is in accordance with a letter of intent announced by Icelandair earlier this year.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
