Loftleidir Icelandic

Loftleidir Icelandic currently manages six Boeing 757-200 and two Boeing 767-300. The aircraft are operated under the Icelandair air operator certificate and on leasing contracts under Aircraft, Maintenance conditions to other airlines. Past and current leasing customers include airlines like British Midland, Flyglobespan, Israir, Yakutia Air Company, Air Niugini, Santa Barbara Airlines and Neos, and tour operators like TUI, Aberkrombie & Kent, CT2 of the UK and GWV int the USA.

Loftleidir Icelandic is a subsidiary of Icelandair Group along with 11 other companies in various sectors of the travel industry.

 

06.11.2008 10:26

Loftleidir Icelandic signs contracts worth 125 million USD

Today Loftleidir Icelandic, a subsidiary of Icelandair Group, and Yakutia Air Company in the Republic of Sakha in Siberia signed a contract for the lease of a third Boeing 757-200 aircraft. The aircraft was formerly used within the Icelandair route network, but due to worsening economic circumstances, Icelandair has shrunk its capacity. Icelandair will continue to provide maintenance service for the aircraft, supervised by Icelandair Technical Services. This is the fourth contract signed by Loftleidir Icelandic in a short period of time for the lease of aircraft to partners in four continents. The total value of these contracts is 125 million USD, and includes leasing of six aircraft, one Boeing 767-300ER and five Boeing 757-200. The shortest contract has duration of six months, and the longest is for a term of six years.

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Company Profile

Company name: Loftleidir Icelandic

Headquarters:
Reykjavik Airport
101 Reykjavik
Iceland

Business: Consolidated offers and quality services to airlines and tour operators, such as full charter service, ACMI and AM leasing, crew leasing and flight operations.

Fleet:
2 B767-300ER
6 B757-200

Year formed: January 1st. 2002, originally formed, March 10th 1944

Owner: Icelandair Group

Certificates: Iceland is a JAA member state and the Icelandair AOC is issued pursuant to JAR standards and specifications:

Operations: JAR Ops1
Maintainance: JAR 145