Other News - 10/16/2006

FL Group completed the sale of its 51% stake in Icelandair ( ATWOnline , Oct. 5) . It will earn a €305 million ($381.5 million) profit on the €410 million transaction, it said in a statement cited by press reports. The buyers were Langflug (32%), Naust (11.1%) and Blue-Sky Transport Holding (7.4%).

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