Play Airlines New CEO Will Prioritize Profit Over Expansion

Summary - Play Airlines' new CEO, Einar Örn Ólafsson, aims to prioritize profitability over US expansion. - Ólafsson plans to break even by 2024, introducing new US destinations between 2025-2027. - Play's US operations peak in July-August, with 248 flights on four routes, serving over 50,000 seats/month. Einar Örn Ólafsson, Play Airlines’ new CEO, plans to slow the airline’s United States expansion to focus on profitability as the three-year-old carrier has not posted an annual profit yet. Slowing expansion and …