Arctic Economy Business News Travel

Icelandic airline Play bankrupt, all flights cancelled

By Elías Thorsson September 29, 2025

Icelandic low-cost carrier Play has ceased operations and canceled all flights with immediate effect, the company said Monday. In a statement filed to the stock exchange, the board cited prolonged underperformance, weak ticket sales in recent weeks following negative media coverage, and internal discontent over strategy changes.

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