Play Europe's AOC Acquisition: A Milestone for Fly Play hf.
Play Europe Achieves Air Operator Certificate in Malta
Play Europe, a dynamic subsidiary of Fly Play hf., has joyfully announced the receipt of its Air Operator Certificate (AOC) from the Civil Aviation Directorate in Malta. This significant achievement was celebrated at a formal ceremony held in Malta, marking a new era for the airline.
The Birth of Play Europe
The inception of Play Europe was part of a comprehensive restructuring plan revealed by Fly Play hf. last year. This strategic move aimed to broaden the company’s horizons, enabling it to undertake various aviation projects across Europe through its Malta-based subsidiary, Play Europe.
Current Fleet and Operations
As it stands, Fly Play hf. maintains a fleet of ten aircraft. Recently, Play Europe has successfully forged an agreement with an airline operator situated in Eastern Europe, which entails leasing three of its aircraft under the newly acquired Maltese AOC. These aircraft are set to operate strictly outside of Iceland, focusing on routes connecting cities across the European mainland instead. In this collaboration, the pilots and senior cabin crew will be locally employed by Play Europe, ensuring a rooted presence in the respective leasing country.
While these operations will not feature the Play brand, they exemplify the company’s commitment to growing its international reach while maintaining its roots in Iceland. The main operations of Fly Play hf. will persist, centered primarily around Keflavík.
First Aircraft Registered Under Maltese AOC
The inaugural aircraft registered under the new Maltese AOC is an Airbus A321-NEO, which highlights the airline's ambition to expand its operational capabilities in Europe. This particular aircraft, manufactured in 2018, is registered under the number 9H-PEA, adding to the excitement of this milestone.
Leadership's Vision
“This is an important step for us. These leasing projects will generate profitability for PLAY in line with previous projections and will make the company’s operations more predictable and stable, with a positive financial outlook. Receiving the Maltese AOC today, well ahead of schedule, is the result of tireless work carried out with outstanding professionalism by our team over the past months, and we are very proud of this milestone,” expressed Einar Örn Ólafsson, the CEO of PLAY. This statement encapsulates the leadership's strong commitment to steering the company towards a prosperous future.
Support from Malta’s Civil Aviation Directorate
During the ceremony, Charles Pace, the Director General of the Civil Aviation Directorate in Malta (Transport Malta – Civil Aviation Directorate), publicly welcomed Play Europe to Malta’s vibrant aviation sector. He expressed gratitude to all contributors behind this endeavor, emphasizing the smoothness of the process. Pace commended both the inspectors from the Civil Aviation Directorate and the Play team for their diligent efforts and cooperation, highlighting the successful collaboration that led to this groundbreaking moment.
Looking Ahead
With the AOC now securely in hand, the future looks bright for Play Europe. The company is poised to embark on new ventures that promise to not only enhance its operational efficiency but also contribute significantly to the European aviation landscape. As Play Europe continues to develop and implement its business strategies, stakeholders and customers alike are eager to witness the airline's journey unfold.
Frequently Asked Questions
What is the Air Operator Certificate (AOC)?
An Air Operator Certificate is a license issued by a national aviation authority that allows an airline to conduct commercial air transport services.
Why was Play Europe established?
Play Europe was established as part of a restructuring initiative by Fly Play hf. to help the company engage in various aviation projects across Europe.
What types of aircraft are included in Play Europe's fleet?
Play Europe operates with a fleet that includes Airbus A321-NEO models, tailored for European routes.
How does Play Europe ensure local employment?
The airline hires pilots and senior cabin crew from the countries where it operates, establishing a strong local presence.
What are the future plans for Play Europe?
With its new AOC, Play Europe aims to expand its operations further into European markets and diversify its service offering.
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