Expects staff to be hired in Malta

The aim of Icelandair's purchase of a 49% stake in Fly Play Europe Holdco is to achieve simplification and greater efficiency in Icelandair's operations in Iceland, says Icelandair CEO Bogi Nils Bogason. The purchase was announced yesterday. Fly Play Europe Holdco owns a subsidiary in Malta with a Maltese air operator's certificate. The purchase price is 686,000 US dollars, or 83.4 million krónur.…