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FOUNDED AND STARTED OPERATIONS IN 1986. INTERNATIONAL, CHARTER, PASSENGER AND CARGO, JET AIRPLANE SERVICES.
PO BOX 80
110 REYKJAVIK, ICELAND
IS-201 KOPAVOGI, ICELAND
Iceland (the Republic of Iceland) was established in 1918, covers an area of 103,000 sq km, its population is 0.3 million, its capital city is Reykjavik, and its official language is Icelandic.
MARCH 1996: OWNED BY CAPTAIN ARNGRIMUR JOHANNSSON & FAMILY.
TO COLOGNE, JEDDAH, KEFLAVIK, LONDON, MANCHESTER & SUBIC BAY.
LEASED 747-200 (JT9D-7A) (20924), EX-JAPAN AIRLINES (JAL) FOR 3 YEARS FROM (CLC) 747 INC.
JUNE 1996: 1 L-1011-50 (RB211-22B), EX-(OPE). 1 L-1011-1 (RB211-22B), EX-CATHAY PACIFIC (CAT). 1 L-1011-100 (RB211-22B), EX-ROYAL AIRLINES (ROY).
NOVEMBER 1996: 1 L-1011-100 (1051), EX-CATHAY PACIFIC (CAT), LEASED.
APRIL 1997: (GAMCO) (GUL) STARTED ON 4TH L-1011, "C" CHECK, AGING AIRPLANE STRUCTURAL MODIFICATIONS, AND COMPONENT OVERHAUL.
560 EMPLOYEES (INCLUDING 250 FLIGHT CREW (FC) & 150 MAINTENANCE TECHNICIANS (MT)).
AUGUST 1997: 1 747SP (21962), 1 YEAR WET-LEASED TO (PBA), 90 PAX. 1 747SP (JT9D-7AH), EX-KAZAKHSTAN AIR. 1 L-1011-1, EX-(TNS). 1 A300B4-200 (CF6-50C), EX-KOREAN AIR (KAL).
SEPTEMBER 1997: OPERATING 747 FOR IBERIA AIRLINES (IBE) TO HAVANA.
DECEMBER 1997: 1 737-330 (23525), EX-LUFTHANSA (DLH), WET-LEASED 1 YEAR TO SAUDIA (SVA). 1 747-128 (20377), LEASED FROM CORSAIR (COR) (JT9D-7A).
FEBRUARY 1998: 1 747-200 (JT9D-7A) (21030), EX-JAPAN AIRLINES (JAL), JUMBO LEASED. 1 L-1011-1 (1016), EX-(TWA). (GAMCO) (GUL), HEAVY MAINTENANCE CONTRACT FOR 7 L-1011'S.
APRIL 1998: 560 EMPLOYEES (INCLUDING 250 FLIGHT CREW (FC) & 150 MAINTENANCE TECHNICIAN (MT)).
JUNE 1998: 747SP-31 USED FOR USA ATHLETES TO WINTER OLYMPICS IN JAPAN EARLIER. NOW CONTRACTED TO AMERADA HESS FOR 9 ROUND TRIPS, LONDON TO MOUNT PLEASANT, FALKLAND ISLANDS APRIL TO JULY 1998. 747-133 (121-20014) LEASED TO IBERIA AIRLINES (IBE). L-1011-285-1-14 (50) (1072) LEASED TO PEACH AIR (PCH).
NOVEMBER 1998: L-1011-1 (RB211-22B) RETURNED FROM PEACH AIR (PCH).
DECEMBER 1998: 2 747-200'S (RB211-524) (22429; 22530), CATHAY PACIFIC (CAT) LEASED. 2 L-1011'S (1072; 1221) WET-LEASED TO AIR INDIA (AIN) FOR HADJ, MID-FEBRUARY TIL THE END OF APRIL 1999.
JANUARY 1999: 747-100 (JT9D-7A) (20529), EX-JAPAN AIRLINES (JAL), UNICAPITAL LEASED. 747-246B (235-20924) RETURNED TO LESSOR.
FEBRUARY 1999: 2 747-200'S (RB211) (22429; 22530), 18 MONTH WET-LEASED TO IBERIA AIRLINES (IBE).
MARCH 1999: L-1011-1 (1072), MIDO AVIATION, GREECE LEASED.
APRIL 1999: 740 EMPLOYEES (INCLUDING 140 FC, 380 CA, 110 MT).
SITA: REKOWCC. (http://www.atlanta.is).
1 737-300 (28733), EX-AIR NEW ZEALAND (ANZ), 7 MONTH LEASED.
MAY 1999: 747-246B (192-20529, N554SW), LEASED FROM JUMBO JET.
4 L-1011'S (1022; 1072; 1221; 1231) WET-LEASED TO CALEDONIAN AIRWAYS (CAW) UNTIL OCTOBER 1999.
JUNE 1999: MAGNUS THORSTENN (CEO) REPLACES CAPTAIN ARNGRIMUR JOHANNSSON.
1 747-128 (176-20377, TF-ABG) LEASED TO TUNISAIR (TUN).
JULY 1999: TO GO PUBLIC WITHIN NEXT 18 MONTHS AND HIRES ICELANDIC BANK, BUNAOARBANKINN VEROBREF TO LIST (AID) ON THE ICELANDIC STOCK MARKET.
900 EMPLOYEES, FROM 32 NATIONALITIES.
2 747-200'S (RB211-524C) (21966; 22149), EX-CATHAY PACIFIC (CAT), MIDO LEASED FOR 2 YEARS.
AUGUST 1999: 1 747-200B (JT9D-7A) (19824), EX-JAPAN AIRLINES (JAL) UNICAPITAL 32 MONTH LEASED, SUB-WET-LEASED TO SAUDI ARABIAN (SVA). 1 747-200 (JT9D-7A) (20527), EX-CONTINENTAL AIRLINES (CAL), UNICAPITAL LEASED, WET-LEASED TO TUNISAIR (TUN), UNTIL OCTOBER 1999.
SEPTEMBER 1999: 2 747-357'S (585-22995), EX-SWISSAIR (SWS), FLIGHTLEASED. PLANS TO INCREASE ITS 747 FLEET TO 12 AIRPLANES AND WET-LEASE 7 TO 8 TO SAUDI ARABIAN (SVA) FOR THE HADJ IN 2000. WILL LEASE 3 L-1011'S TO AIR-INDIA (AIN) FOR THE HADJ IN 2000. HAS 2 737-230F'S AND 3 TO 4 L-1011'S, FOR SALE. 747-128 (176-20377) RETURNED TO AGES, TO BE BROKEN UP FOR PARTS, STORED AT MARANA, ARIZONA.
OCTOBER 1999: 747-146 (20531), EX-JAPAN AIRLINES (JAL), UNICAPITAL 3 YEAR LEASED. 2 747-341'S (702-24107, TF-ATI; 703-24108, TF-ATJ), (ILF) LEASED, EX-VARIG AIRLINES (VAR).
NOVEMBER 1999: 1 747-341 (24107), EX-VARIG AIRLINES (VAR) WET-LEASED TO SAUDI (SVA) & (24108) WET-LEASED TO GARUDA INDONESIAN (GIA). 737-3U3 (2969-28733, ZK-NGE) RETURNED TO AIR NEW ZEALAND (ANZ).
DECEMBER 1999: 2 747-267B'S (RB211-524BC) (21966; 22149), CATHAY PACIFIC (CAT) 2 YEAR LEASED, MAINTENANCE/REFURBURBISHED AT (TAECO), XIAMEN. 747-246B (21030), EX-JAPAN AIRLINES (JAL), PARTED OUT.
JANUARY 2000: 1 747-341 (CF6-80C2) (24106), EX-VARIG (VAR), (ILF) LEASED IN FEBRUARY 2000. 1 747-246 (JT9D-7A) (19825), EX-JAPAN AIRLINES (JAL). PLANS FOR +4 767-300ER'S IN LATE 2001 TO REPLACE L-1011'S. 3 L-1011-1'S (1072; 1221; 1231) WET-LEASED TO AIR-INDIA (AID) FOR HADJ UNTIL THE END OF APRIL 2000. 2 737-200QC'S SOLD TO SIERRA AMERICAN CORPORATION, DALLAS, OPERATIONS BY AMERISTAR AIR CARGO (CGG).
MARCH 2000: SOLD REMAINING 737 AIRPLANES.
APRIL 2000: SCHEDULED SERVICES TO OSLO, COLOGNE, COPENHAGEN, FRANKFURT, GOTHENBURG, HELSINKI AND LONDON.
1,180 EMPLOYEES (INCLUDING 190 FC, 700 CA, & 110 MT).
1 747-300 WET-LEASED TO IBERIA AIRLINES (IBE). L-1011 (1051) WET-LEASED TO MONARCH AIRLINES (MON) UNTIL NOVEMBER 2000.
MAY 2000: CHARTER SERVICES TO MEDITERRANEAN AND ATLANTIC ISLAND DESTINATIONS IN SUMMER, USING 2 L-1011'S BASED AT LONDON GATWICK (LGW), AND 1 747 BASED AT MANCHESTER.
SEPTEMBER 2000: 747-341 (24107) WET-LEASED TO VIRGIN ATLANTIC AIRWAYS (VAA). TO ACQUIRE BRITANNIA AIRWAYS (BRI)'S 2 OLDEST 767-200ER'S AND WET-LEASE THEM TO EXCEL AIRWAYS (SBE). 747-341 (703-24108, TF-ATJ), WET-LEASED TO AIR ALGERIE (ALG). 747-341 (701-24106, TF-ATH), WET-LEASED TO EL AL (ELA).
NOVEMBER 2000: 747-200 (TF-ABQ) OPERATES ROUND-THE-WORLD FLIGHT, FOR UK TOUR OPERATOR, ABERCROMBIE & KENT INTERNATIONAL.
DECEMBER 2000: 3 747-341'S (24106; 24107; 24108) WET-LEASED LONG TERM TO IBERIA AIRLINES (IBE).
JANUARY 2001: 1 747-312 (JT9D-7R4G2) (621-23244, /85), EX-SINGAPORE AIRLINES (SIA), PRATT & WHITNEY (PWC) LEASED, TO BE WET-LEASED TO AIR ASIA (ASW) FOR THE HADJ UNTIL END OF 4/01. 2 747-256B'S (509-22454, TF-ATL; 515-22455, TF-ATM), EX-IBERIA AIRLINES (IBE), WET-LEASED TO (IBE). 1 747-267B (531-22530) RETURNED FROM (IBE), WET-LEASED TO VIRGIN ATLANTIC AIRWAYS (VAA).
MARCH 2001: AGREES TO PROVIDE AIRPLANES TO BANKRUPT BALKAN BULGARIAN (BUL) IN ORDER FOR OPERATIONS OF SCHEDULED SERVICES IN AND OUT OF SOFIA.
APRIL 2001: 1,180 EMPLOYEES (INCLUDING 190 FC, 700 CA, & 110 MT).
MAY 2001: 2 767-204ER'S (210-24013, TF-ATO; 243-24239, TF-ATP) SUMITOMO LEASED, WET-LEASED TO EXCEL (SBE).
JUNE 2001: 1 747-267 (RB211-524) (466-22149, /80), WET-LEASED TO IBERIA AIRLINES (IBE) TIL FEBRUARY 2002. 1 747-267B (493-22429, TF-ABP) WET-LEASED TO AIR FRANCE (AFA). 1 767-3Z9ER (165-23765, OE-LAU), LAUDA AIR ITALY (LDI) WET-LEASED.
JULY 2001: 1 747-146 WET-LEASED TO AIR ALGERIE (ALG), (197-20531, TF-ATE). 1 747-236B (697-24088), EX-BRITISH AIRWAYS (BAB).
SEPTEMBER 2001: HAFTHOR HAFSTEINSSON PRESIDENT.
NOVEMBER 2001: 1 747-312B (626-23245) WET-LEASED TO NIGERIA AIRLINES (NIA) FOR 6 MONTHS FOR LAGOS TO LONDON HEATHROW (LHR).
DECEMBER 2001: 1 747-246 (137-19825, TF-ATF) WET-LEASED TO AIR FRANCE (AFA). 1 747-219B (527-22723, TF-ATN), AND 2 747-267B'S (566-22872, TF-ATK; 582-23048, TF-ATL) BOUGHT FROM VIRGIN ATLANTIC AIRWAYS (VAA).
JANUARY 2002: FOR 2002 HADJ, WILL WET-LEASE TO SAUDI (SVA), 3 747-100'S & 2 747-200'S.
747-219B (22723) WET-LEASED TO NIGERIA AIRLINES (NIA).
MARCH 2002: 1,180 EMPLOYEES. (firstname.lastname@example.org).
1 L-1011-100 (1231) SOLD TO AIR UNIVERSAL (UVL).
APRIL 2002: 1,250 EMPLOYEES (INCLUDING 204 FLIGHT CREW (FC); 780 CABIN ATTENDANTS (CA); & 134 MAINTENANCE TECHNICIANS (MT)).
OWNERS: CAPTAIN ARNGRIMUR JOHANNSSON & FAMILY (80%); BUNADARBANKINN VEROBREF (20%).
July 2002: 2001 = +$1.7 MILLION.
767-383ER (TF-ATT), ex-Scandinavian Airlines (SAS), wet-leased to AeroMar (AOO).
August 2002: 1 767-3YOER (TF-ATU), wet-leased to "aviajet" which has "www.aviajet.com" on forward fuselage.
September 2002: 2 757-225's (22211, TF-ARD; 22611, TF-ARE), ex-Air 2000 (ATZ), GATX (GAX) leased.
October 2002: Applies to the UK (CAA) for an Air Operator's Certificate (AOC) to enable Air Atlanta Icelandic (AID) to operate flights under its own code from the UK to destinations outside the European Union (EU) using 767's. To be a wholly owned subsidiary, named "Air Atlanta Europe" (EUK), with Mike McTighe Managing Director.
Operates its 1st 747 flight to Funchal.
(AID) has a maintenance and workshop facility at Manston Airport in Kent.
747-236B (292-21238), ex-British Airways (BAB), Snapdragon leased. 3 747-236F's (23711; 24088), 3-year wet-leased to Malaysian Airlines (MAS). 2 747-236B's, ex-(BAB), for wet-lease to Garuda Indonesian (GIA) for Hadj flights. 2 757-225's wet-leased to Excel Airways (SBE).
November 2002: Sells a 50.5% stake, to a group of Icelandic investors, under the umbrella name of "Pilot investor."
December 2002: 747-246B (20529), sold to Kellstrom Commercial Aerospace (AAH). 747-219B (22724, TF-ATW) wet-leased to Virgin Atlantic Airways (VAA). 747-341 (24106, TF-ATH), WFU at Marana. 747-267B (22429, TF-ATF) & 767-3YOER (26204) wet-leased to Nigeria Airlines (NIA).
January 2003: 747-246B (19825, TF-ATF) wet-leased to Albarka Airlines (ABF). 747-267B (22149, TF-ATC), wet-leased to Air Asia (ASW) for Hadj. Air Atlanta Icelandic (AID) 747-312 (23245) wet-leased to Garuda Indonesian (GIA) for the hadj.
February 2003: Excel Airways (SBE) plans to acquire 1 757-200 (TF-ARD; or TF-ARE), Air Atlanta Icelandic (AID) wet-leased for April 2003. Also, 3 757-200's (TF-ARD; TF-ARE; TF-ARI), (AID) wet-leased May to October 2003, to be based at London Gatwick (LGW) and Manchester, and painted in (SBE) livery.
Letter of Intent (LOI) for 4 747-230F's (22363; 22382; 22669; 22671), ex-Southern Air (SOF), (GECAS) (GEF) 3 year leased, with 1 to be wet-leased to Malaysia Airlines (MAS). 767-383ER (24358) wet-leased to Air France (AFA).
March 2003: In November 2003, Manchester to Cape Town (767-300ER charters) for UK tour operator, (CT2).
5-year heavy maintenance contract, and technical services to (AMECO) Beijing (BEJ) for 747 heavy checks.
The airline has USA Department of Transportation (DOT) approval to fly to the USA.
767-204ER (24457) wet-leased to Corsair (COR).
May 2003: 767-383ER (24358) wet-leased to Universal Airlines (ZUA).
June 2003: 747-230F (549-22669, TF-ARH), ex-Lufthansa Cargo (LUB), (GECAS) (GEF) leased. 2 747-236's (22305, TR-ARF; 22303, TR-ARG), bought from Mido Aircraft Trading. 2 747-267B's (21966; 22149), transferred to Air Atlanta Europe (EUK).
July 2003: 2 747-267B's (22429, TF-ABP; 22530, TF-ABA), ex-Cathay Pacific (CAT), wet-leased to Air Algerie (ALG).
August 2003: 767-3Q8ER (26265) returned to (ILF).
September 2003: 3 747-230F's (23348; 23621; 24138) have been bought from Lufthansa Cargo (LUB) and wet-leased back for use by (LUB) on an "as needed" basis. 747-230F (490-22363, TF-ARM), ex-(SOF), (GEF) leased. 767-204ER (107-23072, TF-ATY), wet-leased to Air Algerie (ALG).
October 2003: Air Atlanta Icelandic (AID) took a 40% equity stake in Aeromar (AOO) in exchange for lease payments due, and will wet-lease another 767 immediately and a 747 in December 2003.
November 2003: Lufthansa Consulting (DLH) (LCG) has been working with (AID) for the past 4 months to work on a cost reduction program. The objective was to identify structural and sustainable cost saving potential in the maintenance area. (LCG)'s services focused mainly on the application of new management techniques, improved risk assessment and efficient use of newly developed scale of economy. Hafthor Hafsteinsson President stated "We selected (LCG) because they have a solid reputation in the market and they were willing to guarantee an attractive result. They actually exceeded our expectations by pointing out additional long term savings."
757-225 (22612, TF-ARK), (CIT) (TCI) leased.
December 2003: 747-206B (22380), ex-(KLM), (ILF) leased.
February 2004: L-1011-385-1 (193A-1022, TF-ABE) withdrawn from use WFU at Marana.
March 2004: Shareholder Libra Holidays sells 40.5% of its 79.5% holdings in Excel (SBE) to Air Atlanta Icelandic (AID).
April 2004: 1,250 employees (including 204 Flight Crew (FC); 780 Cabin Attendants (CA); & 134 Maintenance Technicians (MT)).
2 747-412's (PW4056) (24063; 24065), Singapore Airlines (SIA) 2 year leased to be wet-leased to Iberia Airlines (IBE) in 6/04.
May 2004: 2 747-267B's (22530, TF-ABA; 22429, TF-ABP), transferred to Air Atlanta Europe (EUK). 747-329F (24837), East Trust leased.
June 2004: (ACSS), an (L-3) Communications (ESM) and Thales company (THL), earned another 5 Supplemental Type Certificates (STC)'s for (T2CAS), its combined traffic & terrain avoidance system. The (STC)'s enable the new product to be used in revenue service at Aero Mexico (AMX) for 7 757's & 5 767's, Air Atlanta Icelandic (AID) for 4 757's, European Air Transport (EPT) for 35 757's, and Virgin Express (EBA) for 9 737's.
Is using 2 747-200B's to carry the Olympic Flame around the world. 747-344 (22970) wet-leased to Corsair (COR) until September 2004.
2 747-230F's (23348, TF-ARP; 24138, TF-ARV), ex-Lufthansa Cargo (LUB).
August 2004: 747-256B (24071, TF-ARW), ex-(UPS), Triton (TIA) leased.
September 2004: 747-243F (23476, TF-AMD), (RBS) Aviation leased.
October 2004: (AID) Flugfelagid Atlanta finalized its unconditional bid for UK-based Excel Aviation Group (EAG). (EAG), part of Cyprus-based package holiday company Libra Holidays Group, comprises leisure carrier Excel Airways (SBE), which launched operations from London Gatwick & Manchester in May 2001, as well as sales channels Excel Aviation and Freedom Flights. (AID) made a 29.9 Million pound/$53.8 Million offer to Libra for the purchase of 38.9 Million shares, 40.5% of the issued share capital in (EAG). The share sale agreement accompanied by a 5 year commercial agreement for the supply of summer-only airplanes to Excel Airways (SBE), prompted a cash offer for the outstanding share capital, excluding the roughly 18% held by management. Managers agreed to hold onto their shares and stay with the company.
Effective January 2005, Excel Airways (SBE) and Air Atlanta Europe (EUK) will come under a holding company called the Avion Group, along with Air Atlanta Icelandic (AID), who are merging with Islandsflug (ISF). Air Atlanta is considering an Initial Public Offering (IPO) on the Icelandic Stock Exchange. The domestic scheduled operation of Islandsflug (ISF) was sold to FlugTaxi in August 2004.
Contract with (AMECO) Beijing (BEJ) for another 12 747 heavy maintenance checks to be conducted in 2005.
767-383ER (24358, TF-ATT) returned from wet-lease to Universal Airlines (ZUA).
November 2004: INCDT: Air Atlanta Icelandic (AID) 747-230F (23621, TF-ARR), written-off (W/O) (major fuselage damage) when it overran the runway at Sharjah after blowing both nose gear tires during takeoff.
747-2B3F (21835, TF-AMC), Arkia (ARK) leased.
January 2005: Air Atlanta Icelandic (AID) and Islandsflug are merged under the Avion Group.
747-312 (23032, TF-AME), ex-Corsair (COR). 757-225 (22612) wet-leased to Air Algerie (ALG).
March 2005: 747-412 (27066), ex-Singapore Airlines (SIA). Will be wet-leased to Cubana (CUB) on a part-time basis and is to be converted to a freighter in 2006.
May 2005: 1,250 employees (including 204 Flight Crew (FC); 780 Cabin Attendants (CA); & 134 Maintenance Technicians (MT)).
June 2005: Orders (CMC) Electronics (CMA)-900 (FMS) to provide (GPS)-based navigation and enhanced operational capability for its 13 747's.
747-312 (23030, TF-AMG) bought from Corsair (COR) and wet-leased to TravelCityDirect.
July 2005: 2 747-230's (23286; 23287), sold to Evergreen International (EVR).
September 2005: Avion Group ordered 4 777F freighters and took purchase rights on +2 more with deliveries beginning in February 2008. The airplanes will be offered on (ACMI) wet-leases by Avion subsidiary Air Atlanta Icelandic (AID). Additionally, Boeing said it is in "serious negotiations" to convert 3 of (AID's 747-400 passenger airplanes into freighters. Boeing did not provide a separate value for the 777Fs but said that in combination with the possible conversion program, value of the transaction at list prices is approximately $1 billion. Avion is the 2nd customer for the 777F; Air France launched the program in May with an order for 5.
November 2005: Focus Aviation (FOS) arranged the sale of 2 A300-600Rs on behalf of China Airlines (CHI) to Avion Group for operation by Air Atlanta Icelandic (AID).
December 2005: Casino Express (CIN) has been acquired on a management buy out in partnership with the Avion Group of Iceland (who owns Air Atlanta Icelandic (AID)). Changes name from "Casino Express Airlines" to "Xtra Airways."
Xtra Airways (CIN) acquires 4 737-400's including 737-429 (25729, N44XA) & 737-46B (24573, N41XA), both Air Atlanta Icelandic (AID) leased and 1 737-86N (33003, G-XLAG), Excel Airways (SBE) wet-leased for winter. 737-4YO (23980, PK-KKS), leased to Adam Air (DHI). 4 A300B4-622R's (533; 536; 666; 775) bought from China Airlines (CHI). 536; to be delivered in June 2006, then converted to freighter. 666; 775; to be wet-leased in passenger configuration through late 2006, then converted to freighters. (AID) will lease 1 airplane to an unnamed Middle Eastern carrier. Another will be converted into a freighter in October.
January 2006: The Avion Group has doubled its order for 777F freighters. Just 3 months after ordering 4 airplanes, the group has ordered another 4. Air Atlanta Icelandic (AID) will take delivery of its 1st 777 in February 2009.
February 2006: Avion Group, parent of wet-lease specialist Air Atlanta Icelandic (AID), announced yesterday that it has acquired the entire issued share capital of French charter carrier, Star Airlines (STU). Purchase price was not disclosed, but the Icelandic transportation solutions group said it is financing the acquisition through equity and debt. Star (STU) was owned by Franco-Egyptian businessman Raymond Lakah.
"Star Airlines (STU) represents a fantastic opportunity for Avion to grow in continental Europe," Chairman Magnus Thorsteinsson said. "Star Airlines (STU) gives Avion an access to a big market with a lot of potentials." (STU) is France's 2nd-largest charter carrier, transporting approximately 0.9 million passengers in 2005 aboard a fleet of 4 A320s and 2 A330-200s. It employs 460 and operates services mainly to Mediterranean, African and Middle Eastern destinations. In 2003 it launched scheduled flights to Lebanon, Mali and Mexico. It reported revenues of 173 million/$207 million and (EBITDA) of 1.9 million in 2005, but according to Le Figaro was on the brink of insolvency and no longer could pay its mounting fuel bills. Avion said it is "projecting a substantial growth" in Star's 2006 (EBITDA) thanks to cost savings implemented through synergies with other Avion entities.
Avion Group is best known for its wet-lease (ACMI) provider Air Atlanta Icelandic (AID) but also is building interests in charter and leisure segments. Its Charter & Leisure Division includes Excel Airways Group (SBE) and TravelCity Direct. Last month, it was negotiating to acquire insolvent German airline Aero Flight (ACH)/(AEF).
Upon completion of the Star (STU) acquisition, Avion is expected to carry approximately 7 million passengers on an annual basis. It currently operates a fleet of around 60 Boeing and Airbus airplanes. In December, it signed a contract for an additional 4 777Fs, having bought the same number in September.
April 2006: The Avion Group said its subsidiary company, Excel Airways Group (SBE), reached agreement to acquire 100% of the share capital of tour operator Kosmar Villa Holidays, dba Kosmar Holidays effective May 2. Price was not disclosed. Avion said the purchase "will strengthen the Tour Operating Division of Excel Airways Group plc (SBE), which includes Excel Holidays, Freedom Flights, Travel City Direct, Aspire Holidays and the online portal XL.com." For the fiscal year ended October 31, 2005, Kosmar Holidays had turnover of £80.7 million/$140.6 million. Founder and Chairman Kostas Markou will stay with the company following the sale.
Avion Aircraft Trading ordered 4 747-400BCFs for Avion Group's Air Atlanta Icelandic (AID) subsidiary. The 1st is scheduled for delivery in August 2007. They will replace older 747-200Fs operated by the (ACMI) provider. Last month, it signed an 8-month wet-lease agreement with Saudi Arabian Airlines (SVA) for 2 747-300s.
The Avion Group has purchased 7 747-400s (6 passenger and 1 cargo); 4 of the passenger airplanes will be converted to freighters by Boeing, at which point all 5 cargo airplanes will be operated by Air Atlanta Icelandic (AID), replacing older 747-200Fs. The 2 passenger airplanes are to be operated in the Excel Airways Group (SBE) in the Travel City fleet. The 6 passenger airplanes are coming from All Nippon Airways (ANA), and the cargo airplane is coming from Cargolux (CLX).
May 2006: Avion Group said its new Germany-based carrier, "Star Europe," will start flying this summer from Dusseldorf, Frankfurt, Cologne and Stuttgart to unspecified destinations in Eastern and Southern Europe and the Middle East. It initially will operate 3 A320s with plans for additional airplanes in the future. Martin Greiffenhagen was appointed (CEO). "There are significant opportunities to develop a strong market presence and we look forward to an exciting future for this operation," Avion Executive Chairman Magnus Thorsteinsson said. "We look forward to operating in the German market with 80 million people, whose travel patterns are similar to those in the UK. We will use our knowhow within Excel Airways (SBE) Group to establish a similar operation in Germany."
Avion Group projects to invest approximately 10 million in establishing and growing the operation and expects "Star Europe's" revenues to be nearly 30 million this year. It said Star's initial flights will be operated through Germanwings (RFG) and domestic tour operators.
Avion is best known for its (ACMI) provider, Air Atlanta Icelandic (AID), but also is building interests in charter and leisure segments. Its Charter & Leisure Division includes Excel Airways (SBE) Group and Star Airlines (STU), the French charter carrier it acquired in February. It now holds Air Operator Certificates (AOC)s in the UK, France and Germany and has >37 airplanes in operation. In a recent presentation accompanying the purchase of Star Airlines (STU), Avion Group stated it "aims to be the leading charter airline in Europe."
Yangtze River Express (YTH) has wet-leased a 747-200SF from Air Atlanta Icelandic (AID) for 12 months. The airplane is scheduled to be delivered on June 24th and this is Air Atlanta (AID)'s 1st wet lease agreement in China.
August 2006: Avion Group said it formed a joint venture with Australasian airline group Advent Air Ltd calling for Avion subsidiaries, Star Airlines (STU) of France and Star German Airlines (SGU) of Germany to provide up to 4 A320s to Advent Air subsidiary Skywest (SKD), a Perth-based Regional. Skywest (SKD) will operate the airplane from November to April, which is its peak season and Avion's low season. Additionally, Avion signed an agreement to purchase approximately 5% of Advent's currently issued share capital, representing an investment of £1.4 million/$2.7 million to be financed through Avion's equity and with debt. "The deal provides Avion Group access to the highly lucrative and fast growing Australian and Asian aviation markets through utilization of Star (STU)/(SGU)'s fleet, which comprise some of the newest and highest quality airplanes within the marketplace," Avion Chairman Magnus Thorsteinsson said.
Avion Group announced the following changes to its Aviation Services division, which comprises Air Atlanta Icelandic (AID), Avion Aircraft Trading (AAT), Avia Technical Services and Southair: VP Finance & Assistant (CEO), Hannes Hilmarsson is the new (CEO) of Air Atlanta (AID), replacing Hafthor Hafsteinsson, who will be the carrier's Chairman. (AAI) VP Sales and Marketing David Masson, is the new (CEO) of (AAT), replacing Hafsteinsson, who will become Executive Chairman and remain (CEO) of Aviation Services. Johann Karason is (AAI)'s new VP Sales & Marketing.
Boeing (TBC) said it has firmed the design configuration for the 777F freighter, which was launched 15 months ago with an order from Air France (AFA) and will be the 6th version of the 777.
(TBC) said (AFA) "has been closely involved in the airplane's design and development." (AFA) will take delivery of the 1st of 5 777Fs in the last quarter of 2008.
According to Boeing (TBC), the 777F will have a range of 4,895 miles/9,065 km with a full payload. Maximum takeoff weight will be 766,000 lb/ 347,450 kg with a revenue payload capability of 229,000 lb/103.9 metric tons. It will be capable of accommodating 27 standard pallets on the main deck, 10 pallets in the lower cargo hold and 600 cu ft/(17 cu m of additional bulk cargo.
"The 777F is designed to complement 747 cargo operations with easy direct-transfer shipments," Dennis Todd Engineering leader for the 777F program, said. "In addition, operators will benefit from the freighter's commonality with the passenger models of the 777 family."
The 777F is based largely on the 777-200LR passenger airplane and will be powered by (GE90-110B1)s. Emirates (EAD), Air Canada (ACN) and Avion Group (AID) have placed a combined 18 firm orders for the type.
September 2006: The Avion Group reported a -$69 million net loss for the 9 months ended July 31 and warned of a "difficult" fiscal 4th quarter, forcing it to lower its forecast for its fiscal year ending October 31. "The 4th quarter will be difficult because of challenging market conditions in the UK due to terrorist threats, delays and an unusually hot summer," the company said. "Additionally, currency changes will result in $10 million reduction in (EBITDA) than forecasted initially. The results for the 4th quarter and therefore the year in total are projected to fall short of (EBITDA) forecast of $165 million, as previously stated." Full-year (EBITDA) is now forecast to increase only slightly from $115 million in 2005 to $120 - $125 million in the current year, while group revenue is forecast to increase from $1.4 billion to $2.1 billion.
Total revenues amounted to $1.39 billion in the 9 months ended July 31 and total expenses reached $1.42 billion. Operating loss was -$24 million and pre-tax loss was -$83 million. Avion changed its financial year end in 2005, distorting comparisons with last year. In the 9 months to September 30, 2005, it posted total revenue of $1.4 billion and operating expenses of $1.35 billion, leading to an operating profit of +$46.7 million. For this year's fiscal 3rd quarter ended July 31, operating revenues were $676.4 million and operating profit was +$19.6 million. Net profit stood at +$2.8 million.
October 2006: The Avion Group changed its name to HF Eimskipafelag Islands. Sells UK Leisure Group Excel (SBE) and 51% of Avion Aircraft Trading.
November 2006: Air Atlanta Icelandic (AID) announced the introduction of the 1st 747-412SF (27066, TF-AMI) converted freighter into the fleet. The airplane, which was converted at Israeli Aircraft Industries (IAI) in Tel Aviv, is now on lease to Cargolux (CLX) and was introduced into service on November 5th from Luxembourg to Huntsville.
December 2006: All Nippon Airways (ANA) has agreed to sell 6 747-481s (24801; 24833; 24920; 25135; 28282; & 28283) to Avion Aircraft Trading for delivery at a rate of 2 per year, between 2007 and 2009. 4 will be converted to freighters for Air Atlanta Cargo (AID) and 2 will remain in passenger configuration for operation by "Travel City."
February 2007: Avion Aircraft Trading (AAT), which is partly owned by Air Atlanta Icelandic (AID) parent HF Eimskipafelag Islands, signed a Memo of Understanding (MOU) with Airbus (EDS) for 6 A330-200Fs with deliveries slated for 2010 and 2011. "Its payload range characteristics will open up new possibilities for our airline customers paired with very attractive operating costs," (AAT) (CEO) David Masson said. The A330-200F can carry up to 64 tonnes of cargo and has a range of 4,000 nmiles in standard configuration.
April 2007: Air Atlanta Icelandic (AID) specializes in wet-leasing (ACMI) capacity to airlines and tour operators worldwide. Most of its flying is done under the auspices of the customer airlines, but it does operate charter services from Keflavik for Icelandic tour operators. Has approval to fly to the USA.
(IATA) Code: CC - 318. (ICAO) Code: ABD (Callsign - ATLANTA).
Parent organization/shareholders: Eimkskipafelag Islands (100%).
Main Base: Kevlavik International Airport (KEF).
International, scheduled destinations: Havana; Madrid; Manchester; & Orlando.
May 2007: Avion Aircraft Trading placed a firm order for 8 A330-200F freighters, increasing its Memo of Understanding (MOU) commitment by +2. The order follows finalization of a 1st leasing arrangement with Icelandair (ICE) Cargo for 4 A330-200Fs, Airbus (EDS) said. Deliveries will start in 2010. No engine type was selected.
August 2007: Hf Eimskipafelag Islands, formerly Avion Group, reached agreement for the disposal of its remaining 49% holding in Avion Aircraft Trading (AAT) to Artic Partners. Artic, which is controlled by (AAT) Chairman, Hafthor Hafsteinsson, (AAT) board member Arngrimur Johannsson and other (AAT) managers, acquired an initial 51% last October. Eimskip said sales proceeds amounted to $28 million and the profit on disposal before tax, is estimated to be $24 million. Eimskip, parent company of wet-lease (ACMI) provider Air Atlanta Icelandic (AID), announced its intent to sell its (AAT) stake in May, as part of its strategy to dispose of aviation-related assets. The sale of Air Atlanta (AID) is being undertaken, along with airline managers and associated consultants.
December 2007: Finnair (FIN) said the FL Group (AID)/(ICE), the 2nd-largest shareholder in the carrier behind the Finnish government, reduced its stake to 12.7% from 24.4% by selling 15 million shares. The Icelandic investor said the move "is in line with FL Group (AID)/(ICE)'s strategy to lower exposure to the aviation sector" and would result in a -ISK2.8 billion/-$44.4 million loss. FL Group (AID)/(ICE) said it remains the 2nd-largest shareholder and "continues to support Finnair (FIN)'s ambitious growth strategy."
Finnair (FIN) said approximately 5,300 investors participated in the 248.5 million/$357.9 million share offering, that concluded December 17, and 99.6% of the 39.2 million shares were subscribed for. It said the joint global coordinators of the sale will "seek to procure purchasers" for the remaining shares "as soon as practicable" and that it soon will announce the final results of the issue.
March 2008: INCDT: Air Atlanta Icelandic (AID) 747-357 (JT9D-74RG2) (586-22996, /83 TF-ARS) had an engine fire when landing at Dhaka. This resulted in substantial wing damage and the airplane was written off W/O, Damaged Beyond Economical Repair (DBER).
SEE PHOTO - - "AID-747-357 2009-11."
July 2008: Air Atlanta Icelandic (AID) signed a wet-lease agreement with Saudi Arabian Airlines (SVA), adding a 6th 747 to the fleet (AID) operates on behalf of (SVA). The 747-200SF will operate cargo services between Dammam, Shanghai, Hong Kong, and Brussels for 1 year.
A300-600F sold to MNG Airlines (MHK).
August 2009: Air Atlanta Icelandic (AID) has entered into a joint-venture (JV) co-operation with the Norwegian VIP flight provider Sundt Air (MDT). The (JV) has been given the name Sundt Atlanta Skybridge (SDT), and the main focus of the (JV) is to explore marketing opportunities for long-haul air freight out of the Scandinavian market. The initial steps of the (JV) consist of acquiring 1 747-230F (22363, TF-ARM) from Air Atlanta Icelandic (AID) to be stationed at Oslo Gardemoen Airport, being offered for ad-hoc charter flights out of the Nordic Regions in coming months.
Further steps of this cooperation between Air Atlanta Icelandic (AID) and Sundt Air (MDT) is to evaluate the market opportunities for scheduled Trans-Atlantic services out of Norway, exporting salmon and industrial products to the USA market. Other Nordic markets are furthermore being considered.
September 2009: (ILFC) (ILF) announced a lease deal for 1 used 747-400F to Air Atlanta Icelandic (AID) for 54 months.
February 2010: Air Atlanta Icelandic (AID) has taken delivery of a 3rd ex-(ANA) 747-400F that it also operates on a long-term wet-lease contract on behalf of Saudi Arabian Airlines (SVA) like its other 2 747-400Fs.
March 2010: (IATA) Code: CC. (ICAO) Code: ABD.
June 2010: 747-230F (23348, TF-ARP), returned to Air Atlanta Icelandic (AID) from lease to Saudi Arabian Airlines (SVA) and sold to Cargo Air (VEA).
September 2010: Air Atlanta Icelandic (AID) has lost a contract to Southern Air (SOF) with Malaysia Airlines (MAS) to provide 747-200F freighters. It has retired all but 2 747-200Fs that are currently wet-leased to Cargolux (CLX) and Saudi Arabian Airlines (SVA).
2 747-428BCFs (25630, F-GISE; 28238, N952CA) leased from and wet-leased back to National Airways (MUA).
January 2011: 747-341 (24108, TF-ATJ), scrapped and parted out.
December 2011: Air Atlanta Icelandic (AID) is not recruiting pilots (FC) at this time. See FltOps.com and FAPA.aero.
January 2012: Air Atlanta Icelandic (AID) has added 2 ex-(JAL) 747-400s which it has wet-leased to Biman Bangladesh Airlines (BNG) and Saudi Arabian Airlines (SVA).
October 2012: Air Atlantic Icelandic (AID) is not recruiting pilots (FC) at this time.
September 2013: (FAPA) Future & Active Pilot Advisors.
See FAPA.aero: Pilot (FC) Career Conferences & Job Fairs
Note: The next Pilot Job Fair will be held in Chicago next month.
According to FAPA.aero, Air Atlantic Icelandic is not recruiting pilots (FC) at this time. It is recommended flight crew (FC) submit applications to be kept on file for 6 months.
April 2013: 747-312 (23032, TF-AME), (AID) wet-leased to Med-View (MVW) for Hajj, is now located at Cotswold Airport, Kemble, UK, awaiting being scrapped.
August 2015: British heavy metal band, "Iron Maiden" announced they will be chartering a 747-400F from Air Atlanta Icelandic (AID) for their upcoming 2016 "The Book of Souls World Tour." Unlike previous tours, which used a 757-200 chartered from Astraeus ((IATA) Code: 5W, based at London Gatwick) (AUA), (AID) will not require extensive reconfiguration for the 747-400F (27066, TF-AMI).
"The greatest benefit of traveling in a 747 is that because of its colossal size and freight capacity, we can carry our stage production and all our stage equipment and desks in the cargo hold without having to make any of the immense structural modifications needed to do this on the previous 757-200), the extent of which, fans will have noted on the Flight 666 (DVD)," frontman and commercial pilot (FC) Bruce Dickinson said. "Although in reality we cannot carry much more gear, the savings in complexity, time and cost make using the 747 even more practical. Furthermore, it is marginally faster (O.85 MACH) and the range of around 7,000 NM/13,000 km is much greater which means we will not have to make the refueling stops we needed to with the 757."
The tour is set to kick off in February next year visiting the USA, Mexico, El Salvador, Costa Rica, Argentina, Chile, Brazil, Canada, Japan, China, New Zealand, Australia, and South Africa, before winding up in Europe in August.
December 2015: Icelandic wet-lease (ACMI) specialist, Air Atlanta Icelandic (AID) has acquired 2 747-400s from Air France (AFA), which is in the final stages of retiring the type.
(AID) Sales Director Magnus Asgeirsson confirmed the 2 airplanes arrived in Iceland and have already been placed with customers; Saudia (SVA) is operating 1 airplane.
The latest acquisitions add to (AID)s growing fleet of 747s; it already has 10 747-400s on strength, together with 6 747-400F/SF freighter versions. It also has an Airbus A330-200 and an A340-300.
The move came as Air France (AFA) announced the final flight of a 747-400 in its colors will take place from Paris Charles de Gaulle on January 14 next year, when the last 747 airplane in the fleet will make a commemorative flight around French airspace.
All passengers on the flight, which will carry the flight designation AF747, will receive a business (C) class lunch, with a commentary being given as it overflies landmarks such as Mont Blanc.
(AFA), the French national carrier was an early customer of the 747 (its 1st flight from Paris to New York took place on June 3, 1970). Its long-haul services have been progressively taken over by (AFA)s fleet of 65 Boeing 777s.
March 2016: Volga-Dnepr Gulf (VDA) has customized a 747 airplane for the "Iron Maiden" rock band to be operated by Air Atlanta Icelandic (AID).
July 2016: Med-View Airline (MEV) will shortly take delivery of a 747-412 (28022, TF-AMV) on wet-lease from Air Atlanta Icelandic (AID) "Skyliner Aviation" has reported.
This 747-400 will be deployed onto (MEV)'s scheduled services to London Gatwick and Jeddah as well as on its upcoming Hajj charter operations.
June 2017: 747-4HGF (27044, TF-AML) returned to AirCastle (CSL) after lease.
Click below for photos:
AID-747-400 Magma TF-AMP 2018-04.jpg
1 737-3M8QC (CFM56-3B2) (1630-24021, /88 TF-ELM), (DEA) LEASED 2005-05. 142Y/FREIGHTER.
0 737-3Q8QC (CFM56-3B2) (1375-23766, /87 TF-ELN), (ILF) LEASED, WET-LEASED TO(CEX)/(FGC) IN (FGC) COLORS. RETURNED. 142Y/FREIGHTER.
3 737-33AQC (CFM56-3C1) (1599-24028, /88 TF-ELO; 2067-25401, /91 TF-ELA), 142Y/FREIGHTER.
1 737-4Q8 (CFM56-3C1) (2210-25168, /92 TF-ELY), JETSCAPE LEASED, WET-LEASED TO (SBE) IN (SBE) COLORS. 170Y.
0 737-4S3 (CFM56-3C1) (1887-24796, /90 TF-ELV), (TIA) LEASED 2005-05. RETURNED, LEASED TO (CIN). 170Y.
0 737-4YO (CFM56-3C1) (1667-23980, /89 TF-ELZ), RETURNED (TCI), LEASED TO (DHI) AS (PK-KKS) 2005-12. 170Y.
1 737-429 (CFM56-3C1) (2217-25729, /92 TF-ELP), EX-(ISF), WET-LEASED TO (CIN) 2005-12. 170Y.
0 737-46B (CFM56-3C1) (1679-24124, /89 TF-ELD), RETURNED, LEASED TO (BLE). 170Y.
1 737-46B (CFM56-3C1) (1844-24573, /90 TF-ELJ), EX-(SBE), WET-LEASED TO (CIN) 2005-12. 170Y.
0 747-1D1 (123-20208, /73 TF-ABO), EX-(WDA), MIDO LEASED. RETIRED.
0 747-128 (176-20377, /72 83 20), RETURNED (AGJ) 1999-09, BROKEN UP.
0 747-133 (121-20014, /71 TF-ABR), EX-(ACN). RETIRED.
0 747-146 (JT9D-7A) (197-20531, TF-ATE), EX-(JAL), (JJL) LEASED 1999-10, WET-LEASED TO (ALG) 2001-07, RETURNED 2001-09. WET-LEASED TO (ABF) FOR HADJ 2003-01. RETIRED. 476Y.
O 747-2B3F (SCD) (CF6-50E2) (388-21835, /79 TF-AMC), (ARK) LEASED 2004-11. FREIGHTER.
0 747-2F6B (SF) (CF6-50E2) (498-22382, /80 TF-ARN), (GEF), LEASED TO (MAS). FREIGHTER.
0 747-206B (SUD) (CF6-450E2) (539-22380, /81 TF-ARQ), EX-(KLM), (ILF) LEASED 2003-12. SOLD TO (LLC), LEASED TO (SOF) 2004-07. 34C, 432Y.
0 747-219B (527-22723, TF-ATN), EX-(VAA) 2001-12, WET-LEASED TO (NIA). TRANSFERRED TO (EUK), WET-LEASED TO (VAA) 2004-05 AS (G-VBEE).
0 747-219B (528-22724, TF-ATW), WET-LST (VAA) 2002-12. TRANSFERRED TO (EUK) 2004-02.
0 747-230 (JT9D-7F) (179-20527, /72 TF-ATA), EX-(DLH)/(CAL), WET-LEASED TO (TUN) TIL 1999-10. (JJL) LEASED. 484Y. RETURNED 2002-08.
0 747-230F (CF6-50E2) (490-22363, /80 TF-ARM, 2003-09; 549-22669, /81 TF-ARH; 574-22671, /82 TF-ARL), EX-(SOF), (GEF) 3 YEAR LEASED 2003-02. 22671 WET-LEASED TO (MKO) 2004-05. 22363; WET-LEASED TO (SDT) 2009-08. FREIGHTER.
0 747-230SF (CF6-50E2) (614-23286, /85 TF-AMF; 617-23287), EX-(LUB), SOLD TO (EVR) 2005-06. FREIGHTER.
0 747-230F (SCD) (CF6-50E2) (625-23348, /85 TF-ARP), RETURNED FROM (SVA) TO (AID) & SOLD TO CARGO AIR LINES (VEA) 2010-06. FREIGHTER.
0 747-230SF (CF6-50E2) (633-23393, /86 TF-AMH), EX-(LUB) 2005-06. REMOVED FROM STORAGE AT MARANA. TO (EVR) 2006-08. FREIGHTER.
0 747-236B (RB211-524D4X) (495-22303, /81 TF-ARG; 506-22305, /84 TF-ARF), BF MIDO AIRCRAFT TRADING 2003-06. 22305 RETIRED. 472Y.
1 747-236B SF (RB211-524D4X) (672-23711, /87 TF-ATX), (EXU) LEASED 2001-12, EX-(G-MKLA), 3-YEAR WET-LEASED TO (MAS) 2002-10. FREIGHTER.
1 747-236F SF (RB211-524D4) (674-23735, /87 TF-ARJ), CONVERTED 2004-05. FREIGHTER.
1 747-236F SF (RB211-524D4X) (697-24088, /88 TF-ATZ), 2001-07, 3-YEAR WET-LEASED TO (MKO) 2002-10. FREIGHTER.
0 747-243B (CF6-50E2) (618-23301, /85 TF-ARO), (TBC) LEASED, RETIRED 2006-02. ALL WHITE COLORS. 471Y.
1 747-243F (CF6-50E2) (647-23476, /86 TF-AMD), (RBS) AVIATION LEASED 2004-09. FREIGHTER.
1 747-246B (JT9D-7) (192-20529, TF-ABQ, RF (AFR) 2001-09; 197-20531, /72 TF-ABQ; (JJL) LSD, "CAPT JOHANNES R SNORRASON"), EX-(JAL), (CIC) LEASED. 20529 SOLD TO (AAH) 2002-12. 472Y.
0 747-246 (JT9D-7A) (122-19824, /71 105 28 TF-ATB), (UAG) 32 MONTH LEASED 1999-08), 21030 PARTED OUT 1999-12. 19824 RETURNED 2002-08. 484Y.
1 747-246 (JT9D-7A) (137-19825, /71 103 34 TF-ATF), (JAL) LEASED 2000-01, WET-LEASED TO (IBE) 2000-12, WET-LEASED TO (AFA) 2001-12. 19825 WET-LEASED TO (ABF). 484Y.
2 747-256B (JT9D-7Q3) (509-22454, TF-ATL; 515-22455, TF-ATM), EX-(IBE) 2001-01. 22454 WET-LEASED TO (IBE) 2001-05. 22455 WET-LEASED TO (IBE) 2001-10. 8F, 46C, 350Y.
1 747-256B (JT9D-7Q3) (699-24071, TF-ARW), EX-(UPS), (TIA) LEASED 2004-08. WET-LEASED TO MASKARGO (MKO). FREIGHTER.
2 747-267B (RB211-524C2) (21966; 22149; 493-22429 /80 TF-ABP; 531-22530, /81 TF-ABA), (CAT) 2 YEAR LEASED, 1 WET-LEASED (22530) TO (IBE); 21966; 22149 WET-LEASED TO (SVA) 2000-04. 22530 WET-LEASED TO (VAA) UNTIL 2001-06, 22429 RETURNED FROM (IBE) 2001-01. 472Y. 22149 WET-LEASED TO (IBE) UNTIL 2002-02. 21966 WET-LEASED TO (SBE) 2001-05. 22429 WET-LEASED TO (AFA) 2001-06. 22530 WFU AT MANSTON 2001-10. 22429 WET-LEASED TO (NIA) 2002-12. 22149 "CAPT JOHANNES R SNORRASON" WET-LEASED TO (ASW) FOR HADJ 2003-01. 22429; 22530; WET-LEASED TO (ALG) 2003-07. 22149 WET-LEASED TO (GIA) 2004-01. 22429; 22530; TRANSFERRED TO (EUK) UNTIL 2004-11. 22149 PARTED OUT AT KEMBLE 2004-06. 22429; LEASED TO (MAS) 2005-01. 21966 SOLD TO ROLLS ROYCE (RRC) NORTH AMERICA TO BE USED AS TEST BED FOR (TRENT 1000) (PART OF 787-8 DREAMLINER PROGRAM). 473Y.
2 747-267B (RB211-524) (566-22872, TF-ATK; 582-23048, TF-ATL), EX-(VAA) 2001-12. 12F, 32C, 412Y.
1 747-312 (JT9D-7R4G2) (584-23028, /83 TF-AMK), EX-(COR) 2005-10. IN (COR) COLORS. 25C, 555Y.
3 747-312 (JT9D-7R4G2) (626-23245, /85), EX-(SIA), (PWC) LEASED, WET-LEASED TO (ASW) FOR HADJ UNTIL END 2001-04, 23244; 23245; LSD 2001-07. 23245 WET-LEASED TO (NIA) 6 MONTHS 2001-11, RETURNED 2002-01. 23245 WET-LEASED TO (GIA) 2003-01 FOR HADJ. 472Y.
1 747-312 (JT9D-7R4G2) (593-23030, /84 TF-AMJ), EX-(COR), WET-LEASED TO TRAVELCITYDIRECT 2005-06. 25F, 22C, 473Y.
0 747-312 (JT9D-7R4G2) (603-23032, /84 TF-AME), EX-(COR) 2005-01. WET-LEASED TO TRAVELCITYDIRECT 2005-06. WET-LEASED TO (MVW) FOR HAJJ, TO COTSWOLD AIRPORT, KEMBLE, UK AND SCRAPPED. 25F, 22C, 473Y.
0 747-329F CF6-50E2) (810-24837, /90 TF-ARY), EAST TRUST LEASED 2004-05. RETURNED, LEASED TO (ABC) 2005-08. FREIGHTER.
0 747-341 (CF6-80C2) (701-24106), EX-(VAR), (ILF) LEASED, WET-LEASED TO (ELA) 2000-08 TO 2000-11, WET-LEASED TO (IBE) 2000-12. WFU AT MARANA 2002-12. SOLD TO (AWW) 2003-05, LEASED TO (PLL). 8F, 46C, 362Y.
1 747-341 (CF6-80C2B1) (702-24107, /88 TF-ATI; 703-24108, /88 TF-ATJ), (ILF) LSD 1999-10, EX-(VAR) 24108 WET-LST (ALG) 2000-08, BOTH WET-LST (IBE) 2000-12. RF (IBE) 2005-11. 24107; 24108; WET-LST (SVA) 2006-06. 24108; SCRAPPED & PARTED OUT 2011-01. 61C, 411Y.
1 747-344 (JT9D-7R4G2) (577-22970, /83 TF-ARU), EX-(SAA), WET-LST (SVA) 2004-01. WET-LST (COR) TIL 2004-09. 478Y.
0 747-357 (JT9D-7R4G2) (570-22704, /83), EX-(SWS), (FLL) LSD 1999-09. RTND.
0 747-357 (JT9D-74RG2) (586-22996, /83 TF-ARS), (GEF) LSD, WET-LST (SVA) 2004-01. WET-LST (IBE) 2004-06. WET-LST (ALG) 2004-06. ALL WHITE COLORS. - - SEE PHOTO - - "AID-747-357 2009-11" WHICH SHOWS APL AT DHAKA W/O (DBER) SCRAPPED & PARTED OUT FOLLOWING ENGINE FIRE ON LANDING AT DHAKA IN MARCH 2008. 471Y.
0 747SP (JT9D-7) (439-21962, /80 TF-ABN), EX-(TWA)/(SRT), 1 YR WET-LST (PBA) TIL 1998-08. RTRD. 90 PAX VIP.
1 747-400F, (ILF) 54 MONTH LEASED 2009-09. FREIGHTER.
4 ORDERS 747-400BCF:
1 747-4HGF (27044, TF-AML) RETURNED TO AIRCASTLE (CSL) 2017-06. FREIGHTER.
2 747-412 (PW4056) (736-24063, /89 TF-AMA; 761-24065, /89 TF-AMB), (SIA) 2 YR LSD 2004-04, WET-LST (IBE) 2004-06. 12F, 58C, 316Y.
1 747-412 (PW4056) (28022, TF-AMV), EX-(SIA), EX-(9V-SPL) 2009-10. WET-LST MED-VIEW 2016-08. 12F, 58C, 316Y.
1 747-412SF (PW4056) (940-27066, /92 TF-AMI), EX-(SIA) 2005-03. PART-TIME WET-LST (CUB). CONVERTED TO FREIGHTER BY (IAI) IN 2006. LST (CLX) 2006-11 - SEE PHOTO. FREIGHTER.
2 747-428 (32868, TF-AAK; 32869, TF-AAJ), EX-(F-GITH & F-GITI), BOUGHT FROM AERCAP (DEA) 2015-12.
3 747-428BCF (1847-24559, TF-ALF; 25630, TF-NAD, 2010-09; 28238, TF-NAC, 2010-09), WET-LEASED TO (MUA). FREIGHTER.
6 747-481 (CF6-80C2B1F) (24801; 24833; 24920, TF-AMS; 25135, TF-AMT 2009-10; 28282; & 28283), (ANA) LEASED. 4 CONVERTED TO FREIGHTER, 2 STAY AS PASSENGER FOR "TRAVEL CITY" OPERATIONS. 27C, 542Y.
0 757-225 (RB211-535E4) (74-22211, /85 TF-ARD; 75-22611, /85 TF-ARE), EX-(ATZ), (GAX) LSD 2002-09, WET-LST (SBE) 2002-10 & 2003-05; & 2004-05 TO 2004-11. RTND. 233Y.
0 757-225 (RB211-535E4) (114-22612, /86 TF-ARK), (TCI) LSD 2003-11. WET-LST (SBE) 2004-05 TO 2004-11. STORED MARANA 2004-11. WET-LEASED TO (ALG) 2005-01. 233Y.
0 757-2YOER (RB211-535E4) (388-25240, /91 TF-ARI), WET-LEASED TO (SBE) 2003-05 TO 2003-10; & 2004-05 TO 2004-11. STORED MARANA 2004-11. 233Y.
2 767-204ER (CF6-80A2) (210-24013, /88 TF-ATO; 243-24239, /88 TF-ATP), EX-(BRI), WET-LST (SBE) 2000-09 FOR 5 YRS. 24239 WET-LST (ALG) 2001-11 FOR 6 MTHS. 24013 RF (SBE) 2001-11. 24239 WET-LST (ABF) FOR HADJ 2003-01. 24013; 24239; WET-LST (SBE) 2004-05. 290Y.
0 767-204ER (CF6-80A2) (256-24457, /89 TF-ATR), EX-(BRI)/(ARE), (GEF) LSD, WET-LSD (SBE) 2001-05. 24457 RF (SBE) 2001-11. WET-LST (NIA) TIL 2002-09. WET-LST (COR) 2003-03. WFU IN STORAGE BY (GEF) FOLLOWING DAMAGE ON 2004-11. 290Y.
0 767-204ER (CF6-80A2) (107-23072, /85 TF-ATY), EX-(ARE), (GEF) LSD 2002-05. WET-LST (ALG) 2003-09. RTND. 273Y.
1 767-204ER (CF6-80A2) (113-23250), EX-(ANZ) 2001-05, WET-LST (SBE). 290Y.
1 767-3Q8ER (694-28206, TF-ARA), (ILF) LEASED, WET-LEASED TO (SOW) 2002-06.
1 767-3YOER (PW4060) (464-26204, /92 TF-ATU), WET-LEASED TO AVIAJET 2002-06, WET-LEASED TO (NIA) 2002-12. WET-LEASED TO (SBE) 2003-11 TO 2004-10. (TRF) (EUK) 2004-11. 24F, 28C, 229Y.
0 767-31BER (570-26265, TF-ARB), (ILF) LEASED, WET-LEASED TO (SOW) 2002-06. RTND 2003-08.
1 767-383ER (PW4060) (263-24358, /89 TF-ATT), EX-(SAS), WET-LEASED TO (AOO) 2002-07, WET-LEASED TO (AFA) 2003-02. RETURNED FROM (ZUA) 2004-10. RETURNED FROM (GBN), IN (SBE) COLORS 2005-06. 184, 14C, 186Y.
0 767-3Z9 (165-23765, OE-LAU), (LDI) WET-LEASED 2001-06. RETURNED.
8 ORDERS 777-200LRF (GE90-110B1), FREIGHTER:
1 MD-83 (49359, OE-LOG), WET-LEASED TO (AVZ) 2005-07.
0 L-1011-1 (RB211-22B) (1051), EX-(CAT), MAINTAINED BY (GAMCO) (GUL) & EX-(TWA), 1051 WET-LEASED TO (MON) UNTIL 2000-11. 362Y.
0 L-1011-50 (RB211-22B) (1072), EX-(OPE), MAINTAINED BY (GAMCO) (GUL). SOLD TO FLIGHTSTAR GROUP 2004-06.
0 L-1011-100 (RB211-22B), EX-(ROY) & EX-(CAT), MAINTAINED BY (GAMCO) (GUL), (1231, WET-LEASED TO (SBE). 1221 LEASED TO (CAK). 1221 "ULFAR PORDARSON M.D." 1231 SOLD TO (UVL) 2002-02, SIERRA NATIONAL OPERATIONS. 362Y.
1 A300B4-200 (CF6-50C), EX-(KAL).
3 A300B4-622R (PW4158) (533; 536, 6/06 CONVERTED TO FREIGHTER; 666, /92; 775), BOUGHT FROM (CHI) 2005-12. 666; & 775; LEASED AS PASSENGER INITIALLY, THEN CONVERTED TO FREIGHTER. FREIGHTER. 666; 775; LEASED TO (FDN) 2006-02. 536 SOLD TO (FED) 2006-07.
1 A300C4-605R (CF6-80C2A5) (755, /95 TF-ELW - SEE PHOTO; 758, /95 TF-ELG), (DEA) LEASED 2005-05. 755 RETURNED TO (DEA) 2010-06.
0 A300B4-622R (PW4158) (529, TF-ELF), RETURNED TO (EHD). FREIGHTER.
1 A300B4-622R (PW4158) (557, /90 TF-ELK), WET-LEASED TO (EHD). FREIGHTER.
1 A310-304F (CF6-80C2A2) (552, /90 TF-ELS), (RGF) HOLDING LEASED 2005-05. FREIGHTER.
1 A310-325 (PW4156A) (624, /92 TF-ELR), (AUL) LEASED 2005-05. 12C, 242Y.
CAPTAIN ARNGRIMUR JOHANNSSON, CHAIRMAN, & OWNER (80%) AVION AIRCRAFT TRADING (AAT).
HAFTHOR HAFSTEINSSON, CHAIRMAN (AID) & CHIEF EXECUTIVE OFFICER (CEO) AVIATION SERVICES (2006-08).
MAGNUS THORSTEINSSON, DIRECTOR, CHAIRMAN AVION GROUP.
THORA GUDMUNDSDOTTIR, DIRECTOR.
HANNES HILMARSSON, (CEO) (AID) (2006-08).
DAVID MASSON, (CEO) AVION AIRCRAFT TRADING (AAT) (2006-08).
MIKE MCTIGHE, MANAGING DIRECTOR, AIR ATLANTA EUROPE (EUK) (2002-10) - (EUK) MERGED INTO EXCEL AIRWAYS (2006-05).
ARNAR THORISSON, EXECUTIVE VP & VP FINANCE.
KARI KARASON, VP FLIGHT OPERATIONS (email@example.com).
LARUS ATLASON, VP FLIGHT OPERATIONS (REKOZCC) (firstname.lastname@example.org).
JOHANN THORISSON, CHIEF PILOT (REKCPCC) (email@example.com)
FINNBOGI OSKARSSON, VP MAINTENANCE (2000-04),
(firstname.lastname@example.org) (REKMWCC) (email@example.com).
THORSTEINN THORSTEINSSON, VP ACCOUNTING & AUDIT.
GUDMUNDUR HAFSTEINSSON, VP HUMAN RESOURCES (HR).
MAGNUS ASGEIRSSON, SALES DIRECTOR.
HLYNUR TOMASSON, MANAGER ENGINEERING (firstname.lastname@example.org).
BJARNI GUDMUNDSSON, MANAGER MAINTENANCE RELIABILITY (2000-12).
MS LISBET KRISTINSDOTTIR, MANAGER TECHNICAL/OPERATIONS LIBRARY.
TOMAS STEFANSSON, PRODUCTION PLANNING MANAGER (REKMWCC),
KRISTJAN RICTER, QUALITY ASSURANCE (QA) MANAGER (2000-12).
MAGNUS THOR ADALSTEINSSON, ENGINE SUPERVISOR (2000-12).