Loftleidir flies again2002
When Icelandair transferred its charter operation to a special subsidiary in 2002, it decided to name the new company after its predecessor and call it Loftleidir Icelandic. The new subsidiary has developed rapidly since its formation, and now offers a wide range of solutions for other carriers and tour companies.
The new company strengthened its position in Europe by acquiring a majority share in the Latvian charter company Latcharter Airlines in 2006. Loftleidir Icelandic charters its planes with or without crews or maintenance, for a range of uses, including round the world flights, when groups of people fly from city to city all around the globe in aeroplanes specially equipped for passenger comfort. Loftleidir Icelandic operates four B757-20C jets, two B767-30Cs and two Airbus 320-200s.