Icelandair Buys Three Q400s

Flag carrier Icelandair has acquired three used Q400 aircraft to be operated by its regional subsidiary Air Iceland.

Flag carrier Icelandair has acquired three used Q400 aircraft to be operated by its regional subsidiary Air Iceland.

The purchase is part of its plans announced in March to upgrade Air Iceland’s fleet and replace five of its Fokker 50 aircraft with the Q400s and Q200s.

Icelandair confirmed that the three aircraft, aged between 14 and 15 years, will all be delivered no later than August, before entering service in December.

In a statement, Icelandair said the investment will increase its total assets by $25m when the estimated sale price of Air Iceland’s five Fokker 50 aircraft has been taken into account.

TAGS: Europe
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