“The sale of the three Boeing 757 aircraft is a positive step for the Company at this time when flight operations are at a minimum level. Furthermore, this transaction shows that the 757 aircraft still has considerable value after long-lasting service for the Company and continues to be operated for years to come. Due to the COVID-19 pandemic, the Company has excess aircraft in storage despite the sale of these three aircraft which will be ready to operate when travel restrictions will be lifted and demand for air travel increases again.”
Contact information
Investors:
Media: Sigrún Össurardóttir, Communications. E-mail: sigruno@icelandair.is
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