Icelandair Group hf.: Agreements with all key stakeholders reached

Icelandair Group has now completed agreements with all its creditors and reached a final settlement with Boeing regarding the impact of the suspension of the Boeing 737-MAX aircraft. While the details of the final settlement agreement with Boeing are confidential, it reduces Icelandair’s MAX purchase commitment by four aircraft. The parties have agreed to a revised delivery schedule for the remaining six MAX aircraft that are expected to join Icelandair’s fleet from Q2 2021 to Q1 2022.… (www.globenewswire.com) Mais...