Icelandair signed long-term lease agreements with and CDB Aviation for two new Airbus A321LR aircraft scheduled to be delivered in the second half of 2025. read more

JAN 23, 2024 - 6:44 am

Icelandair signed a long-term lease agreement for one Airbus A321LR aircraft scheduled to be delivered in Q1/26 with SMBC. This will be the fifth A321LR aircraft Icelandair has leased from SMBC. read more

JAN 8, 2024 - 6:56 am

Icelandair and Airbus signed a memorandum of understanding for the purchase of 25 Airbus A321XLR aircraft on April 7 and the final purchase agreement has now been finalized. Icelandair made 13 A321XLR firm orders and has purchase rights for up to 12 additional aircraft. read more

JUL 7, 2023 - 6:57 am

Icelandair and Airbus signed a memorandum of understanding for the purchase of 25 Airbus A321XLR aircraft. The aircraft deliveries will start in 2029.  read more

APR 7, 2023 - 7:02 am

Icelandair entered an insurance backed financing agreement with Itasca Re and NORD/LB of Hanover for two Boeing 737 MAX 8 aircraft. The total consideration of the transaction accumulates to around $67 million, with closing anticipated by the end of January 2023. read more

JAN 30, 2023 - 7:14 am

Icelandair signed new lease agreements with BOC Aviation for two more Boeing 737 MAX 8 aircraft. The aircraft are scheduled to be delivered from Boeing in the fall of 2023. read more

JUL 1, 2022 - 7:11 am

Icelandair will split its commercial division into separate customer and revenue divisions and create a digital and data division. Icelandair also named Tomas Ingason chief revenue officer to lead the new revenue division. read more

NOV 24, 2021 - 6:29 am

Icelandair entered into agreements with Aviation Capital Group regarding the financing of three Boeing 737 MAX aircraft. The transaction consists of a sale and leaseback of two Boeing 737 MAX8 aircraft and a finance lease of one Boeing 737 MAX9 aircraft. read more

OCT 1, 2021 - 6:13 am

Titan Aircraft Investments, which is a joint venture between Titan Aviation and Bain Capital Credit, acquired two 767-300ER aircraft from Icelandair. These aircraft will be converted to freighters and placed on long-term leases to Icelandair. read more

MAR 11, 2021 - 6:19 am