PLAY has signed an agreement with China Aircraft Leasing Group Holdings Limited (CALC), a major international aircraft lessor for two new A320neo aircraft. The aircraft will be delivered to PLAY next week and will be fitted and painted as per PLAY?s specifications. The aircraft will arrive in Iceland in March 2022 in time for the change to a hub-and-spoke business model. The aircraft are new and will be delivered directly from Airbus. These are the aircraft PLAY previously announced it had signed a Letter of Intent (LOI) for. With these agreements, PLAY is taking advantage of favorable terms in the current market, securing brand-new aircraft and locking in long-term cost savings and operational efficiency. The eco-friendly Airbus A320 aircraft are perfect for PLAY?s operations. The A320 family has flexibility in size and range which allows PLAY to reach markets on both sides of the Atlantic with less fuel consumption and aircraft commonality creating a competitive advantage.