(Bloomberg)-Low-cost carrier fly play HF. Due to bad ticket sales and an unsuccessful return plan, he stopped on Monday, pulled thousands of passengers and dismissed hundreds of people.
The airline canceled all of its flights immediately and said that the travelers should reorganize their return journeys. Approximately 400 work was cut.
The game was founded in June 2021 to connect Iceland as a strategic center to establish a connection with North America and Europe. It was in the process of slipping from this model to serve leisure destinations in Europe and reduce North American traffic.
“Unfortunately, it has become clear that the company could not give enough results to overcome deep -rooted challenges over time,” he said. “Gez, the new business plan must have been implemented before.”
According to the website, the game, which runs 10 Airbus A320 and 321neos fleet, flew to about 30 destinations, mostly European cities and holiday places. This list includes Boston and Baltimore.
Some planes were rented. His latest appearance was to reach profitability next year.
Iceland Travel Industry Association’s Pure President Petur Oskarson said, new strategies since this spring will reduce the impact on tourism here, ”he said. “Where there is demand, new parties will enter and offer flights.”
Monday’s decision, operations in the last weeks and months in the last weeks and months in the last weeks and months, the performance of the weaker than expected, he said.
Following a 55% drop this year, Nasdaq was stopped in Iceland on Monday. The rival Icelandir group rose up to 32%.
JLS Consulting Ltd. “It started with cautious ambitions, a small fleet, good cash reserves and a clear network approach, John said John Strickland. “Today is a sad end.”
-Help from Duffy.
(Analyst, which started in the seventh paragraph, is updated with the comments of the Travel Group.)
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