18 March, 2024
Icelandic budget airline PLAY picks new CEO
12 February, 2024
PLAY carried 1.5 million passengers during 2023
PLAY carried 1.5 million passengers in the full year of 2023
PLAY operated ten aircraft at the end of 2023 compared to six aircraft at the end of 2022.
1.5 million passengers and world class on-time performance
07 February, 2024
PLAY Passenger numbers grew by 61% in January
New destination, the launch of Stopover and Europe’s youngest fleet
21 January, 2024
PLAY Announces 15% Off Flights to Europe For Brave Browser Bookings
The beginning of the year is a classic time for travellers to dream about where 2024 will take them. Travelers who act fast can turn their talk into action, and view 2024 from the London Eye, or from the Canals of Amsterdam! PLAY’s deal is valid on flights booked from January through May or September through December. This means travellers can select the best time for their travel, whether they prefer the lighter crowds of shoulder season or planning out a trip for December 2024. No matter the dream destination, PLAY's convenient daily flights from Boston, New York, and Washington D.C. paired with the 15% off deal to 11 destinations can take travellers where they want to go.
PLAY brings a no-frills approach to travellers looking to strategically select where they spend their budget, so they have extra funds to spend on things that make a trip memorable, like the delicious cuisines of Paris, an Irish knit scarf from Dublin, or a spa day in Iceland. By offering a relaxed, simple, and streamlined approach to service with reliable flights and a helpful cabin crew, travellers will enjoy a comfortable flight experience for a fraction of the price.
“Data shows that travellers sought new and unusual reasons to travel in 2023 - such as romantic getaways and special events, with international travel expected to continue to rise. We’re predicting an increase in experiential travel in 2024, and believe these demands provide a great opportunity for low-cost airlines like PLAY to accommodate trips for any budget. This deal is the perfect excuse for travellers to stop speaking hypothetically about the trip, be spontaneous, and book it!” said PLAY CEO Birgir Jónsson.
09 January, 2024
1.5 million passengers in 2023 for PLAY
Ancillary revenue rising and forward bookings looking strong
08 December, 2023
PLAY reports that 75% load factor, 42% increase in passenger numbers and demand picking up
06 December, 2023
PLAY puts on seasonal sale....
29 November, 2023
PLAY warns seismic activity is impacting short-term demand.
10 October, 2023
Budget airline PLAY records 85% load Factor with 164,000 passengers travelling with the carrier in September.
85% Load Factor, 164,000 passengers & PLAY Cabin Crew wins USA Today Readers´ Choice Award
PLAY Wins USA Today 10Best Readers’ Choice Award
PLAY Delivers a USD 12 million profit in Summer 2023
30 September, 2023
PLAY delivers a USD 12 million profit in summer 2023
PLAY Airlines turned a USD 12 million profit over the summer months of 2023. This was revealed at the company's market update meeting during the week, where key operating figures were reviewed. It is the first time the company has reported profit from operations after tax at the end of the summer season. It shows that PLAY is a profitable company for the summer and that its business model is working well.
Revenue nearly doubled
Profit in Q3
USD 34 million turnaround
12 September, 2023
PLAY carried 184,926 passengers in August, up 70% from August 2022
PLAY reports 89% Load Factor, 184,926 passengers and two new aircraft confirmed
PLAY nominated as Best Cabin Crew
Fleet Expansion and Outlook
09 August, 2023
Play reports its busiest month....
Busiest month ever for PLAY. Load Factor hits 91.1% with over 191 thousand passengers flown.
10 July, 2023
Play takes solace in positive passenger numbers
Youngest fleet in Europe and voted the best low-cost airline in Northern Europe.
13 June, 2023
Fly Play hf.: Highest-ever passenger number in a single month and an 85% load factor in May
31 May, 2023
PLAY starts Glasgow service.......
11 May, 2023
Passenger numbers tripled in April for Iceland's PLAY
April's load factor topped 80.8%
12 April, 2023
Play records 80.6% load factor and carried 86,661 passengers during March
In March 2023, PLAY carried a total of 86,661 passengers with a load factor of 80.6%. The load factor was 67% and the passengers flown were 23,700. Passengers in PLAY’s network in March have therefore tripled between years. This is a significant growth from March of last year when the load factor was 67% and passengers flown were 23,700. Passengers in PLAY’s network in March have therefore tripled between years, signifying a momentous growth trajectory.
30 March, 2023
Arnar Már back to the Executive Board of PLAY
10 March, 2023
PLAY announces new Glagow Iceland service.....
Four times a week....Glasgow - Iceland
PLAY Airlines has announced plans to launch a new service between Glasgow and Iceland beginning Friday 26 May.
16 February, 2023
Icelandic airline PLAY turned over USD 140 million last year.
Icelandic budget airline PLAY has released its latest results for last year, which show the carrier turned over USD 140 million, delivered a negative EBIT and experienced strong revenue growth.
PLAY carried 241 thousand passengers in Q4. For the full year of 2022 PLAY carried 789 thousand passengers.The load factor in Q4 was 80.3%. The load factor was improving throughout 2022 and resulted in 79.7% for the full year.Q4 was operationally successful with an on-time performance of 91%.Revenues in Q4 were USD 37.9 million compared to USD 9.7 million in Q4 2021. Full year revenues in 2022 were USD 140 million compared to USD 16 million in 2021.Positive trends in ancillary revenues in Q4.Negative effect of weather disruptions in Iceland in December resulted in USD 2.2 million in lost revenues and additional expenses.The financial position of the company is healthy. Cash on December 31 amounted to USD 36.2 million including restricted cash. The equity ratio was 11.6% and the company has no external interest-bearing debt.Earnings before interest and taxes (EBIT) were negative in 2022 by USD 44 million compared to negative USD 25 million in 2021.Net income was negative by USD 45.5 million in 2022 compared to negative USD 22.5 million in 2021.Shareholders’ equity was increased by USD 16 million in Q4 2022.PLAY’s cost target of being under 4 US cents a unit (CASK ex-fuel), was reached in Q4 and was in line with the target for 2022.36 destinations are currently on sale.Strong sales momentum at the beginning of 2023 resulting in forward unit revenue (RASK) being higher than in 2022.