ICYMI - listed on Kraken this week:$AVNT, $ART, $UXLINK, $NOBODY, $XION, $PLAY, $XAUT https://t.co/yhp27hJaTF ...

$PLAY by @itplaysout is now live on Kraken 🪐Start trading today: https://t.co/1Eu7ssVEQQ https://t.co/VEcq0UtI1s ...

🚀 Poloniex New Listing $PLAY @itplaysout✅ Deposit open on Aug 1st, 10:30 (UTC)✅ Full trading enable on Aug 1st, 12:00 (UTC)Details: https://t.co/g2WgG8INpG https://t.co/T4wtPBvtEG ...

Core Insights - Sonja Arnórsdóttir, the Chief Commercial Officer of PLAY, has left the company, and her responsibilities will now be managed by the CEO's office under Einar Örn Ólafsson's supervision [1] Group 1: Leadership Changes - The departure of Sonja Arnórsdóttir indicates a structural change within the company aimed at combining departments and simplifying operations [2] - Einar Örn Ólafsson expressed gratitude for Sonja's contributions, highlighting the robust sales systems and strong service standards established during her tenure [2] Group 2: Performance Metrics - The company has seen an increase in customer satisfaction, with the Net Promoter Score (NPS) rising to 54 in recent months, reflecting the effectiveness of the sales and service processes implemented [2]

Core Insights - PLAY experienced a 14.0% reduction in passenger numbers in May 2025, carrying 117,199 passengers compared to 146,692 in May 2024, due to a strategic shift towards leasing aircraft and focusing on the leisure market [1] - The load factor decreased to 80.9% in May 2025 from 86.4% in May 2024, reflecting the company's emphasis on leisure destinations, which typically have lower load factors but higher yields [2] - On-time performance improved significantly to 92.3% in May 2025 from 86.8% in May 2024, indicating operational excellence [3][8] Capacity and Strategy - The company increased seat capacity to leisure destinations by 26% year-over-year in May 2025, aligning with its strategic focus [3] - PLAY launched new direct flights to Agadir and Marrakesh, expanding its leisure destination offerings to 16 locations, including eight in Spain and four in Portugal [4][5] Financial Performance - Forward bookings and unit revenue for the summer are outperforming last year, suggesting a positive financial outlook [6] - The ACMI partnership with SkyUp began in May, with two aircraft operating under a Maltese AOC, contributing to predictable revenue streams [7]

Core Insights - PLAY experienced a 5% year-over-year increase in passenger numbers, carrying 128,119 passengers in April 2025 compared to 122,217 in April 2024, indicating strong demand in core markets and a well-aligned route network for early summer [1] Passenger Metrics - The load factor decreased to 82.6% in April 2025 from 85.1% in April 2024, attributed to a shift towards leisure-oriented destinations which typically have lower load factors but higher yields [2] - The share of passengers traveling from Iceland rose to 36.9% in April 2025, up from 30.0% the previous year, while the share traveling to Iceland increased to 31.8% from 27.0%. Conversely, VIA traffic share decreased to 31.3% from 43.0% [3] Operational Performance - PLAY achieved an on-time performance rate of 92.7% in April 2025, an improvement from 89.4% in April 2024, reflecting the airline's focus on schedule reliability and service quality [4] Future Outlook - The forward load factor and unit revenue for the upcoming summer months are trending above 2024 levels, with strong demand to and from Iceland. The recent launch of flights to Antalya, Turkey, and Faro, Portugal, is expected to enhance PLAY's position in the leisure market [5] Executive Commentary - The CEO of PLAY stated that the performance in April demonstrates the effectiveness of the company's strategy, highlighting solid demand across markets and the profitability of leisure routes despite lower load factors. The company is well-positioned for a successful summer with strong on-time performance and encouraging forward bookings [6]