Fly Play hf.: Settlement reached with the Financial Supervisory Authority

Play Airlines has accepted a settlement offer from the Financial Supervisory Authority of the Central Bank of Iceland (FSA) regarding the investigation of the company’s compliance with Article 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council in connection with disclosure of information about the company’s lower revenue generation and that the company would not be operated with a positive operating result (EBIT) in the latter half of 2022. As has been disclosed in the com ...