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, Loftleidir Icelandic. The new subsidiary has developed rapidly since its formation, now offering 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, where groups of passengers fly from city to city all around the globe using planes specially equipped for passenger comfort. In 2017, Loftleidir Icelandic now operates four B757-200 jets, two B767-300s and one 737-700 and two 737-800s.