Iceland’s PLAY ceases operations PLAY had unsuccessfully attempted to pivot from transatlantic low-cost services to direct leisure connections and wet lease operations.
Iceland’s PLAY highlights investors’ confidence in its plans The Icelandic low-cost carrier, which has shifted to point-to-point travel from Iceland, as well as wet and/or damp lease services, has highlighted that its recent convertible bond issuance reflected investors’ confidence in its future. According to the airline, which published its August 2025 operational data on September 8, 2025,
