Loftleidir Negotiate Charter Agreement With Air Niugini

Loftleidir Negotiate Charter Agreement With Air Niugini

The Boeing 757-200 Loftleidir-Icelandic jet will be based in the capital Port Moresby for the next 12 months and will be operated by Icelandic pilots. The plane will be used for scheduled flights to Nadi in Fiji, the newest Air Niugini destination. The Air Niugini strategy is to establish Port Moresby as the connecting point for its destinations in Fiji, Salomon Islands and other Oceanic islands close to Papua New Guinea.

Loftleidir-Icelandic will be operating 10 jets for various leasing contracts this winter. Besides this latest contract with Air Niugini it will be operating in North and South Europe, South America and the Middle East. Furthermore, Icelandair jets have been used in flights across the North and South Pacific for well known US travel agency.

Jón Karl Ólafsson, CEO Icelandair Group, says that this latest agreement is in line with the Groups strategy for expansion in the international charter market. "I welcome this latest agreement. We are constantly looking for profitable charter opportunities that create value and more job opportunities for our crews", said Jón Karl.

About Air Niugini
Air Niugini was established in 1973 and is the flag carrier of Papua New Guinea. Air Niugini runs a fleet of 14 aircraft with both domestic and international destinations in Australia, Singapore, Fiji and Japan.

About Loftleidir-Icelandic
Loftleidir-Icelandic was formed as a subsidiary of Icelandair Group in 2002 but the international charter operations have been a part of the general operation of the airline and it's predecessors for decades. It has developed from being a marketing vehicle operating in the international ACMI (Aircraft Crew Maintenance and Insurance) and charter markets, to become a capacity solution provider, thus expanding it's horizon above the aircraft types traditionally operated under the Icelandair AOC. The Managing Director of Loftleidir Icelandic is Guðni Hreinsson.