Transportation

Iceland Budget Carrier Play Shuts Down, Stranding Passengers

Play was set up in June 2021 to connect with North America and Europe using Iceland as a strategic hub.

Photographer: Sigga Ella/Bloomberg

Icelandic low-cost carrier Fly Play hf. ceased operations Monday because of poor ticket sales and a failed turnaround plan, stranding thousands of passengers and putting hundreds of people out of work.

The airline canceledBloomberg Terminal all its flights, with immediate effect, and said travelers need to reorganize their own return journeys. About 400 jobs were cut, it said.