Fly Play hf.: Play Europe Receives Air Operator Certificate in Malta

Core Points - Play Europe, a subsidiary of Fly Play hf., has received an Air Operator Certificate (AOC) from the Civil Aviation Directorate in Malta, marking a significant milestone for the company [1] - The establishment of Play Europe is part of a restructuring process initiated by Fly Play hf. in October of the previous year, aimed at expanding operations in Europe [1] - Fly Play hf. operates a fleet of ten aircraft and has secured a leasing agreement with an airline operator in Eastern Europe for three aircraft under the new Maltese AOC [2] - The first aircraft registered under the Maltese AOC is an Airbus A321-NEO, manufactured in 2018 [3] - The CEO of PLAY, Einar Örn Ólafsson, emphasized that the leasing projects will enhance profitability and stability for the company, with a positive financial outlook [4] - Charles Pace, Director General of the Civil Aviation Directorate of Malta, welcomed Play Europe as a significant addition to Malta's aviation sector and acknowledged the smooth process of obtaining the AOC [5]