Industry

Published on September 21st, 2021 | by Alan Dwyer

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GECAS Place 4 Airbus Aircraft with PLAY

GECAS has reached an agreement to provide three A320neo and one A321NX narrowbody aircraft from its order book to the new Icelandic airline, PLAY. The aircraft are scheduled to be delivered between autumn 2022 and spring 2023. Based in Reykjavík’s Keflavík International Airport and commencing operations in June of this year, PLAY’s current fleet of three A321neo connects passengers to ten locations across Europe. As Iceland offers a unique geographic location for transatlantic travel, these new technology narrowbodies offer greater capacity to make connections within North America as well.

Commenting on the announcement of the deal, PLAY’s CEO Birgir Jónsson said, “We are delighted to add additional aircraft to the PLAY fleet. Our long-term objective is to make PLAY a leading brand in our market and we are very happy to have signed a partnership with GECAS, a leading international aircraft lessor. We appreciate the relationship with them through the early days of our airline. We are consciously including environmental and ethical variables in our decision making. The addition of these fuel-efficient aircraft will help us meet our growth objectives as we look forward to the opportunities ahead.”

Also commenting from GECAS was Alan Buckley who added, “GECAS has a successful track record of working with start-ups from their inception and are proud to support their success. GECAS is impressed with PLAY’s business plan and believes the airline is well positioned for growth. These neos will enable PLAY to build a broader network of routes to meet future travel demand and we are excited to join them on this journey.”

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