Feasability study commenced into Icelandic startup 'N-Ice Air'

12 February, 2020

Circle Air CEO Thorvaldur Lúðvík Sigurjónsson reported a feasibility study into the launch of N-Ice Air. Mr Sigurjónsson reported the project is sponsored by Norlandair, Samherji, Höldur, and has received a ISK3.5 million (EUR25,379) grant from Northeastern East Coast Initiative (Morgunbladid, 10-Feb-2020). N-Ice Air is planned to operate between Akureyri and two to three European destinations.

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