Fly Play hf.: Strong Bookings Signal Payoff from Leisure Strategy

PLAY carried 117,199 passengers in May 2025, compared to 146,692 passengers in May 2024, reflecting a 14.0% reduction in PLAY’s capacity for the month. This reduction is the result of the company’s decision to lease aircraft to SkyUp through its Maltese AOC and put more emphasis on the point-to-point leisure market out of Iceland. Load factor in May 2025 was 80.9%, compared to 86.4% in May 2024. Again, this aligns with PLAY's strategy to increase its focus on leisure destinations in Southern Europe. Whil ...