newstodate.aero
Dec 05, 2011 (newstodate): After restructuring and injection of fresh capital, Iceland Express is fighting its way back into a hopefully more positive development.
The interim CEO replacing Birgir Jonsson who left the carrier after only 10 days in office, Skarphedinn Berg Steinarsson has now been confirmed on a more permanent basis, and the owner of the carrier has injected 1.3 bio IKR to cover this year's operating loss, leaving the company without any interest-bearing debts to banks or financial institutions.
The decision has been made to postpone re-launch of the carrier's transatlantic flights till spring 2013, and Iceland Express will also not operate flights on the seasonal route between Copenhagen and Akureyri, Iceland, in an effort to ease scheduling of the summer program.
The number of destinations will be reduced to 16 from next year's summer schedule, and while it was still announced in early November that flights to Boston, Chicago, Orlando and Winnipeg would be axed, intentions then were still to retain the flight from Keflavik to New York.
Flight operations will be performed with two Airbus A320 aircraft leased from CSA Holidays.
Iceland Express has also applied for an own AOC expected within five to 10 months, and after that the carrier will lease aircraft to take over its own flight operations.
The interim CEO replacing Birgir Jonsson who left the carrier after only 10 days in office, Skarphedinn Berg Steinarsson has now been confirmed on a more permanent basis, and the owner of the carrier has injected 1.3 bio IKR to cover this year's operating loss, leaving the company without any interest-bearing debts to banks or financial institutions.
The decision has been made to postpone re-launch of the carrier's transatlantic flights till spring 2013, and Iceland Express will also not operate flights on the seasonal route between Copenhagen and Akureyri, Iceland, in an effort to ease scheduling of the summer program.
The number of destinations will be reduced to 16 from next year's summer schedule, and while it was still announced in early November that flights to Boston, Chicago, Orlando and Winnipeg would be axed, intentions then were still to retain the flight from Keflavik to New York.
Flight operations will be performed with two Airbus A320 aircraft leased from CSA Holidays.
Iceland Express has also applied for an own AOC expected within five to 10 months, and after that the carrier will lease aircraft to take over its own flight operations.