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Airline Cancels ALL Flights Out of Stansted After Going Into Administration

PLAY Airlines ceased operations after losing money since launch, causing 400 job losses and cancelling all flights amid failed restructuring efforts, officials said.

  • Fly PLAY, the Icelandic ultra-low-cost carrier, ceased operations and cancelled all flights on Monday, September 29, 2025, after entering administration.
  • Facing mounting losses, Fly PLAY had been losing money since launch and ran out of funds despite restructuring attempts in recent months and cuts to United Kingdom–United States transatlantic routes earlier this year.
  • Founded in 2021 as a successor to WOW Air, Fly PLAY operated a fleet of 10 narrowbody aircraft—six Airbus A320neo and four Airbus A321neo—from Reykjavik, Iceland’s Keflavik International Airport hub.
  • About 400 employees will lose their jobs as PLAY ceases operations, and thousands of passengers are affected, with package-bookers advised to contact travel agencies in the EEA and card purchasers to contact credit card issuers.
  • The board and managers said they exhausted options and apologized, as the second failed Icelandic ULCC, with many functions moved to a Maltese subsidiary.
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The low cost Icelandic airline Fly PLAY announced this Monday the cessation of its operations and the cancellation of all its flights due to the low sales of tickets and the failure of its restructuring plan. In a statement, it explains to passengers that they can find alternatives to their trips on flights of other companies and that some of them can offer special “rescue fees” taking into account the circumstances, that is, they must manage an…

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The Reykjavik Grapevine broke the news in on Monday, September 29, 2025.
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