FLY PLAY HF

Fly Play hf.: PLAY carried 110 thousand passengers in July with an 87.9% load factor

Fly Play hf.: PLAY carried 110 thousand passengers in July with an 87.9% load factor

PLAY carried 110 thousand passengers in July with an 87.9% load factor

PLAY carried 109,956 passengers in July, a 25% increase from the previous month when PLAY carried 87,932 passengers. The number of passengers in July is more than all flown passengers in 2021.

In July, the load factor was 87.9% compared to a 79.2% load factor in June and 69.6% in May. This positive development is primarily due to the addition of the transatlantic hub and spoke model connecting cities in Europe and the United States. In the spring and summer PLAY has successfully launched many new destinations and seen very positive development of the existing destinations on the European side of the network.

July was the first month of full operations for PLAY following the ramp-up to the spring, with six aircraft operating to 25 destinations on both sides of the Atlantic.

On-time performance (OTP) in July was 79%, which is very satisfactory given the number of brand-new destinations and the difficult situation at many airports that still struggle with staff shortages causing delays for many airlines.

Six aircraft in operation

PLAY’s sixth aircraft, an Airbus A320neo, arrived in Iceland at the end of June and began flying passengers in July. PLAY is now operating three Airbus A321neo and three Airbus A320neo aircraft, in line with the company’s business plan and fleet strategy. 

PLAY will take delivery of four new A320/321neo aircraft next winter, bringing the fleet to a total of 10 aircraft in service from spring 2023. 

“It’s been great seeing so many new destinations and the full transatlantic network come into play over the past few weeks and the positive effect it has had on the utilization across our network. Our team achieved a very impressive on-time performance in the month despite a very challenging situation at many airports, a true achievement. We continue to see our unit cost (ex-fuel CASK) being below our targeted 4$ cents, fuel prices are decreasing, unit revenue (RASK) is rising, and our future booking flow is strong. It has been truly inspiring for me to take part in and witness the great team spirit and the professionality of all my colleagues across all functions at PLAY and how all their hard work and dedication are driving the success of our airline. These are all factors that fill me with enthusiasm and anticipation for the coming months and the long-term future of PLAY.”



Attachment



EN
08/08/2022

Underlying

FLY PLAY HF

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FLY PLAY HF

 PRESS RELEASE
Free
FLY PLAY HF

Fly Play hf.: Petition for bankruptcy proceedings

Fly Play hf.: Petition for bankruptcy proceedings Following PLAY’s announcement earlier today that the company had ceased operations, the company’s Board of Directors submitted a petition to the Reykjavik District Court earlier today for the company to be placed into bankruptcy proceedings. A ruling is expected to be issued tomorrow.

September 29, 2025 1 EN
 PRESS RELEASE
Free
FLY PLAY HF

Fly Play hf.: Óskað eftir gjaldþrotaskiptum

Fly Play hf.: Óskað eftir gjaldþrotaskiptum Í framhaldi á tilkynningu PLAY frá því fyrr í dag um að félagið hefði hætt starfsemi þá lagði stjórn félagsins fram beiðni fyrr í dag í Héraðsdómi Reykjavíkur um að félagið yrði tekið til gjaldþrotaskipta. Þess er vænst að úrskurður verði kveðinn upp á morgun.

September 29, 2025 1 EN
 PRESS RELEASE
Free
FLY PLAY HF

Fly Play hf.: Fly Play hf. ceases operations

Fly Play hf.: Fly Play hf. ceases operations The Board of Fly Play hf. has decided to cease operations. All of the company’s flights have been canceled. The company will work closely with authorities and employees to implement necessary measures to wind down operations. There are several reasons for this decision, including: the company’s performance has long been weaker than expected, ticket sales have been poor in recent weeks and months following negative media coverage of its operations, and there has been discontent among some employees due to changes in the company’s strategy. Great...

September 29, 2025 1 EN
 PRESS RELEASE
Free
FLY PLAY HF

Fly Play hf.: Fly Play hf. hættir starfsemi

Fly Play hf.: Fly Play hf. hættir starfsemi Stjórn Fly Play hf. hefur tekið þá ákvörðun að hætta starfsemi og hafa öll flug félagsins verið felld niður. Unnið verður náið með yfirvöldum og starfsfólki við að innleiða þær aðgerðir sem nauðsynlegar eru til þess að leggja niður starfsemi félagsins.Ástæður þessarar ákvörðunar eru margar, þ.m.t.; rekstur félagsins hefur lengi gengið verr en vonir stóðu til, flugmiðasala hefur ekki gengið vel síðustu vikur og mánuði í kjölfar neikvæðrar fjölmiðlaumfjöllunar um reksturinn og þá hefur ríkt ósætti á meðal hluta starfsmanna félagsins vegna breytinga ...

September 29, 2025 1 EN
 PRESS RELEASE
Free
FLY PLAY HF

Fly Play hf.: Unit revenue reached a record high for August

Fly Play hf.: Unit revenue reached a record high for August PLAY carried 124,286 passengers in August 2025, compared to 187,960 passengers in August 2024. The difference year-on-year is primarily driven by the airline’s strategic shift in fleet deployment, with fewer aircraft operating within PLAY’s own route network due to ACMI leasing agreements with other operators. Despite the reduced capacity, the load factor was 89.6%, compared to 91.6% in August 2024. This slight decrease is a natural reflection of PLAY’s transition from a VIA-focused network, which typically achieves higher load fa...

September 8, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch