Brief: Icelandair Acquires 49% In Company Holding Maltese Air Operator Certificate
BRIEF-Icelandair Acquires 49% In Company Holding Maltese Air Operator Certificate Aug 21 (Reuters) - Icelandair Group hf ICEAIR.IC:
SAID ON THURSDAY COMPLETED ACQUISITION OF 49% STAKE IN FLY PLAY EUROPE HOLDCO FROM FPE, FUND MANAGED BY ISAFOLD CAPITAL PARTNERS, WHOSE SUBSIDIARY, FLY PLAY EUROPE LIMITED IN MALTA, HOLDS MALTESE AIR OPERATOR CERTIFICATE
GAINS ACCESS TO AN ADDITIONAL EUROPEAN AOC
WILL ACQUIRE 49% STAKE IN FPE FOR A PURCHASE PRICE OF $686,000
TRANSACTION WILL HAVE IMMATERIAL IMPACT ON ICELANDAIR'S FINANCIAL PERFORMANCE AND BALANCE SHEET IN 2026
Source text for Workspace: nMFN6stWf3
Further company coverage: ICEAIR.IC
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