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 board comprising two representatives from Fons, one from Astraeus management and one from minority shareholder Aberdeen Asset Management. Fons said Astraeus's revenue for the fiscal year ended ...

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