newstodate.aero

Jan 30, 2020 (newstodate): The acquisition by Lithuania's Avia Solutions Group of the Icelandic narrow-body cargo carrier Bluebird Nordic will not have any immediate impact on daily business.
   -The operations are continuing as of today, and there will no changes in the management for the time being, at least, says Steinn Logi Bjornsson, Bluebird Cargo Chairman of the Board holding 50 percent of the shares before the sale.
   -Bluebird Cargo will remain operating under its current name, but with the new owners prospect are indeed opening for growth and expansion based on the power of Avia Solutions Group's resources and development plans.
   -In the fleet of Bluebird Nordic are currently six Boeing 737-300/-400 freighter aircraft after the sale of two Boeing 737-300 freighters. We are however in the process of  replacing them with two more Boeing 737-400 freighters, going back to eight aircraft as before, says Mr Bjornsson.
   Bluebird Cargo was set up in 2000, managed and co-owned by Thor Kjartansson together with other Icelandic investors.
    In February 2005, the carrier was sold to the Icelandair Group, but in February 2011 Icelandair decided to divest of Bluebird Cargo that was placed with the two Icelandic banks.
   After a few years, the company was acquired by BB Holding, a 50/50 enterprise between the investment group Haru Holding that is also behind Air Atlanta Icelandic, and Steinn Logi Bjornsson.