Loftleidir Icelandic

Loftleidir -Icelandic
Loftleidir–Icelandic is a capacity solution company for the international passenger airlines and tour operator industries. The company has developed from being a marketing vehicle operating in the international ACMI (Aircraft Crew Maintenance and Insurance) and charter markets, to become a capacity solution provider, thus expanding its horizon above the aircraft types traditionally operated under the Icelandair Air Operator’s Certificate (AOC).

Loftleidir Icelandic  had eleven aircraft in operation in 2009: four B767-300ER and seven B757-200. Loftleidir Icelandic has remained a strong performer during turbulent marketing times. The main focus in 2009 continued to be on Aircraft & Maintenance (AM) products. At year-end 2009, there were three aircraft on an AM contract with Yakutia Air Company in the Republic of Sakha in Russia and the foreseen duration of the cooperation until at least 2014.

Air Niugini in Papua, New Guinea, has one B767-300ER and one B757-200 under an AM contract with the company and cooperation is foreseen until at least 2011.  

In May 2009 the B757-200 AM contract with Gadair in Spain came to an end.

In spring 2010 Santa Barbara Airlines (SBA) in Venezuela started a lease of two B767-300ER. The two aircraft are operated by Smartlynx under an ACMI contract.

Loftleidir Icelandic’s co-operation with SBA has now been ongoing for four successive years.

Gudni Hreinsson is the Managing Director of Loftleidir-Icelandic.