Icelandair has entered into agreements with BOC Aviation (BOCA), regarding long-term operating leases of two new Boeing 737 MAX 8 aircraft. The aircraft are scheduled to be delivered from Boeing in the fall of 2023. This transaction will bring the total number of 737 MAX in the Icelandair fleet up to 20 aircraft.
Bogi Nils Bogason, CEO of Icelandair Group: “We are pleased to announce the new agreements with BOCA, a long-lasting business partner. Locking in these aircraft favorable on favorable terms enables the company to expand our fleet of Boeing 737 MAX and supports our future growth plans. The aircraft offer excellent fuel-efficiency from previous generation aircraft which also contribute to our efforts of reducing the carbon emissions from our operations.”
Icelandair, a shadow of its once-massive travel and hospitality empire is facing much greater competition from homegrown rival Play and the major U.S. airlines and has been struggling financially for some time, but now appears to have turned a corner. During the month of May, it carried a total of 290,524 on international flights, with the number of passengers to Iceland was around 116,000 and from Iceland around 51,000. Via passengers were around 124,000 or 43% of the total number of international passengers. The carrier's load factor on international flights was up to 74%, compared to 35% in May 2021.
Air Models have a range of aircraft models, including some special 737 MAX models, including this one in the colours of flydubai.
Want me in your inbox? Follow here for email updates Air101 here.