Icelandic group takes Astraeus majority following collapse of FlyMe deal

Fons Eignarhaldsfelag investment firm of Iceland, which owns Iceland Express, has acquired a 51% stake in the UK's Astraeus for £5 million. Astraeus operates four 757s and two 737-700s and is based at London Gatwick and Manchester International. Its board will be restructured, with a supervisory...

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