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Dec 2, 2022

CAPA Awards PLAY as best new Start-up

PLAY has been awarded the Start-up of the Year for 2022 by CAPA - Center for Aviation. Birgir Jónsson, CEO of PLAY, accepted the award at a ceremony in Gibraltar today.

CAPA says that PLAY´s management has opted for growth at a sensible rate and avoiding the introduction of widebodies and flights into alternative geographical markets. PLAY has also positioned itself for the future with technology and sustainability as two key pillars of its business strategy.

PLAY has already proved resilient to the tough trading conditions, reporting an operating profit in the third quarter of 2022 and holding a strong booking pipeline for winter 2022/2023 and for 2023.

“Launching a new airline in any situation is a feat to be recognized, however, to do so in the toughest of conditions and deliver is exceptional. CAPA is pleased to award PLAY the Start-up of the Year for 2022,“ says Marco Navarria, CAPA – Centre for Aviation, Content & Marketing Director.

“It is such an honor for PLAY to be selected Start up of the Year. This is a recognition that goes first and foremost to the amazing employees of PLAY that have worked so hard getting this airline started in the toughest of times. I have seen that they do it because they love the airline industry and the enthusiasm shines through in everything they do. I look forward to every day working with this amazing team and it is safe to say that this is just the start of the journey we are on.,“ says Birgir Jónsson, CEO of PLAY.

 

CAPA is one of the world’s most trusted sources of market intelligence for the aviation and travel industry. Established in 1990, CAPA has developed a formidable global network of aviation researchers and analysts located across Europe, North America, Asia and Australia. It provides consultation and statistical information to  authorities, airlines and airports all over the world.