PLAY

Historic low-cost carrier from Iceland: founded in 2019 by former WOW air executives, flying red Airbus jets between Europe and North America from 2021 – and shut down on September 29, 2025.

Also known as: fly play · Fly Play hf. · WAB air · Play Europe · OG

IcelandIcelandLow-cost carriersIATA: OGICAO: FPY10 min read

OG

IATA code

FPY

ICAO code

2021–2025

Years of operation

1.65M

Passengers in 2024

Key takeaways

  • PLAY is a historic Icelandic low-cost carrier: first flight on June 24, 2021, shutdown on September 29, 2025.
  • Codes: IATA OG, ICAO FPY, callsign “PLAYER”.
  • A pure Airbus neo fleet: it started with three A321neos that had previously flown for Interjet in Mexico; A320neos were added later.
  • The model was transatlantic via Keflavík – similar to WOW air, whose former executives founded PLAY.
  • The restructuring in 2025 came too late: after a shift toward holiday flights and wet lease via Malta, PLAY ceased operations.
Contents
  1. 1.PLAY at a glance
  2. 2.Codes and callsign
  3. 3.The business model: transatlantic via Iceland
  4. 4.The fleet: Airbus neo only
  5. 5.A320neo or A321neo? How to tell the PLAY jets apart
  6. 6.How to recognize PLAY
  7. 7.Restructuring and Play Europe
  8. 8.The end on September 29, 2025
  9. 9.PLAY in Germany
  10. 10.Common mix-ups
  11. 11.Conclusion

Profile

IATA codeOG
ICAO codeFPY
CallsignPLAYER
HubsKEF
StatusHistoric – flight operations ceased on September 29, 2025, all flights canceled
Founded2019 as WAB air, renamed PLAY in November 2019
First flightJune 24, 2021, Keflavík–London Stansted
HeadquartersGreater Reykjavík area, Iceland
HubKeflavík Airport (KEF)
Business modelLow-cost carrier with connecting flights between Europe and North America via Iceland, most recently a shift toward holiday flights from Iceland and wet lease
Fleet at the endSix Airbus A320neos in scheduled service, plus several A321neos; about ten aircraft in total including the subsidiary Play Europe
Operating licensesIceland (AOC IS-043) and Malta (AOC MT-85, issued on March 27, 2025 for Play Europe)
Alliancenone
TrademarkStriking red livery with large PLAY titles

How to recognize the airline

Is that really PLAY?

Check off everything that applies to the aircraft you’re looking at right now.

  • Bright red fuselage – hardly any airline in Europe was so red
  • Large “PLAY” titles on the fuselage
  • Exclusively Airbus A320neo and A321neo – recognizable by the big engines and sharklets
  • Icelandic registrations with TF-, for example TF-AEW, the first A321neo
  • Flight number with OG, on the radio and on trackers FPY or “PLAYER”

Anyone who saw a bright red aircraft with “PLAY” titles at a European airport between 2021 and 2025 had an Icelandic low-cost carrier in front of their lens that no longer exists today. PLAY wanted to achieve what WOW air had failed at: cheap flights between Europe and North America with a change of planes in Iceland. After a good four years, it was over. This page summarizes what you should know about the codes, fleet, network and the end of the airline – and how to place old sightings neatly.

Historic sightings in your hangar

With Planetrack you also post older sightings with photo, registration, type and airline and collect them in your hangar – so the red PLAY jets stay alive in your collection. Planetrack is launching soon – join the waitlist and get early access.

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PLAY at a glance

PLAY was an Icelandic low-cost carrier headquartered in the greater Reykjavík area. The company was incorporated as Fly Play hf., and in everyday use people mostly just said PLAY or “fly play,” after the web address flyplay.com. The hub was Keflavík Airport, through which Icelandair also spans its network between Europe and North America.

The story begins in 2019. In the spring of that year, WOW air had collapsed, and as early as summer, former executives of the airline founded a new company – at first under the name WAB air. In November 2019, it was renamed PLAY. Then came the pandemic, and the start was delayed. PLAY only received its operating license from the Icelandic authorities in May 2021, and on June 24, 2021, the first flight took off from Keflavík to London Stansted. In July of the same year, the airline went public in Reykjavík.

PLAY was never a member of an alliance. Instead, the airline relied on interline agreements through which flights could be combined with partners such as easyJet, Jet2.com or Norwegian – without classic code sharing.

OGIATA code in the flight number
FPYICAO code on the tracker
TF-Icelandic registration prefix

Codes and callsign

  • IATA code OG: appeared in the flight number, so on the departure board and ticket.
  • ICAO code FPY: appeared in the air traffic control flight plan and on flight trackers.
  • Callsign PLAYER: this is how the cockpit crews identified themselves on the radio.

This helps especially when matching old photos with flight data: if you search a flight tracker history for PLAY, you find the flights under FPY, not under OG. How to bring such data together with your sightings after the fact is explained in the guide matching sightings with ADS-B logs.

Archive tip

For historic sightings, always note the registration and date. PLAY aircraft were leased and generally go back to their lessors after the shutdown – with the registration, you can trace their path later. More on this in the article understanding aircraft registrations.

The business model: transatlantic via Iceland

Iceland’s location between Europe and North America is an advantage for airlines: many connections can be flown with narrowbody aircraft in two legs, with a change of planes in Keflavík. PLAY built on exactly that. Travelers from Europe flew to Iceland and changed there to a connecting flight to North America – or the other way around. On top of that came guests who wanted to visit Iceland itself.

In doing so, PLAY continued a long Icelandic tradition. Loftleiðir made a name for itself with cheap transatlantic flights via Reykjavík from the 1950s, and later Iceland Express and WOW air gave it a try. The basic idea of a budget airline – high load factors, a uniform fleet, lean costs – is explained in the article how low-cost carriers work.

The network grew quickly. In North America, Baltimore, Boston and New York Stewart were added in 2022, followed in 2023 by Washington Dulles and Hamilton in the Canadian province of Ontario. In Europe, PLAY served a series of cities and holiday destinations, including Berlin. In 2024, the network peaked at 42 destinations, and the airline carried around 1.65 million passengers that year.

The fleet: Airbus neo only

Like many young low-cost carriers, PLAY relied on a single aircraft family, and exclusively on the modern neo generation from Airbus.

Type Role Seats Spotter tip
Airbus A321neo Launch fleet from 2021 initially 192, reconfigured to 214 from 2023 The first three came from the Mexican Interjet
Airbus A320neo Backbone of the later fleet fewer than the A321neo Six at PLAY in Iceland at the end

The launch fleet had an interesting backstory: the three A321neos had previously been operated by Interjet, a Mexican airline that collapsed in 2020. PLAY took them over via the lessor AerCap – more on such models in the article aircraft leasing explained. The first aircraft carried the registration TF-AEW. In 2023, PLAY had the A321neos fitted with denser seating, from 192 to 214 seats.

In the following years, the fleet grew mainly with A320neos to about ten aircraft. The airline gave up on an originally planned longer-range A321LR in 2022 because of rising fuel costs and took another A320neo instead; that also dropped the planned route to Orlando.

Find ex-PLAY jets again

Put former PLAY registrations on your wish list and get notified when they land near you with a new airline. Planetrack is launching soon – join the waitlist.

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A320neo or A321neo? How to tell the PLAY jets apart

On old photos, the two types are easy to confuse: same red livery, same engine generation, same sharklets on the wingtips. The differences lie in length and doors.

Points to the A321neo

  • Much longer fuselage, looks stretched
  • Additional fuselage sections ahead of and behind the wing
  • Depending on the cabin layout, a different arrangement of emergency exits over and behind the wing
  • Listed on trackers as A21N

Points to the A320neo

  • More compact fuselage with a shorter distance between the door and the wing
  • Two emergency exits over the wing
  • Looks almost stocky next to an A321
  • Listed on trackers as A20N

You can tell it is a neo at all by the big engines with their almost circular inlet. How to separate neo and ceo with confidence is shown in the guide A320neo or ceo?, and for the length variants, telling the A318, A319, A320 and A321 apart helps.

How to recognize PLAY

Hardly any livery was so unmistakable. PLAY went for a strong red across the whole aircraft and large “PLAY” titles. That set the airline clearly apart from Icelandair’s blue and yellow and linked in color more with its predecessor WOW air, which stood out with purple. A red Airbus narrowbody with an Icelandic TF- registration was almost always a PLAY aircraft in Europe.

Watch out for mix-ups

There were and are red Airbus jets at other airlines too. So always check the registration: only a TF- at the rear points to an Icelandic registration. Aircraft of Play Europe could be registered differently – if in doubt, the ICAO code in the flight history helps.

Restructuring and Play Europe

Economically, PLAY never really got into the profit zone. Rising costs and tough competition on the North Atlantic weighed on the airline. At the end of 2024, management drew the consequence: instead of mainly connecting Europe and North America, holiday flights from Iceland to sunny destinations in Europe were to become the core business. New destinations such as Marrakesh and Antalya were added.

A second pillar was wet lease, that is, renting out aircraft with crew to other airlines. For this, PLAY founded the subsidiary Play Europe, which received an operating license from Malta on March 27, 2025. Malta is a popular location for such companies in European aviation – Malta Air and Lauda Europe of the Ryanair Group are also based there. Why so many aircraft are registered in Malta or Ireland is explained in the article on offshore registrations and leasing.

In June 2025, PLAY presented an even more radical plan: the US routes were to end by the end of October 2025, six aircraft were to move to wet lease and the Icelandic operating license was to be returned – flying would then be done only under the Maltese one. In July 2025, the airline raised around $20 million once more.

The end on September 29, 2025

It was not enough. On September 29, 2025, PLAY ceased flight operations with immediate effect and canceled all flights. Passengers had to arrange alternatives themselves, and around 400 employees lost their jobs. As justification, the company cited mainly weaker results and bookings than expected – amplified by negative headlines about the airline. The restructuring simply came too late.

With that, PLAY joins a long list of Icelandic and European airline failures. An overview of the big cases can be found in the article major airline collapses in Europe. It is striking how similar the patterns are: transatlantic budget flights via Iceland are tempting, but built on thin margins.

Good for the archive if …

  • you photographed PLAY between 2021 and 2025 and know the registration and date
  • you have the early A321neos with an Interjet past in the picture
  • your photo shows one of the less frequently served airports

Double-check if …

  • no registration is legible in the photo
  • you are not sure whether it was an A320neo or A321neo

Not a PLAY sighting if …

  • the photo was taken after September 29, 2025 and a red jet carries a different registration prefix

PLAY in Germany

For spotters in Germany, PLAY was mainly a topic at Berlin Brandenburg Airport. Berlin was part of the network, and other German destinations were added for a time. If you took photos at BER, you may still find the red jets in your own archives. Tips for photography there are given by the plane spotting guide for BER and the page on the observation deck at Berlin Airport.

Because PLAY offered only a few flights a week to Germany, sightings here were never mass-produced. How to judge how special a shot is is described in the article how rare is my sighting?.

Common mix-ups

  • Confusing PLAY with WOW air – both were Icelandic low-cost carriers with a transatlantic model, but WOW air flew in purple and ended in 2019, while PLAY flew in red from 2021 to 2025.
  • Taking OG for a country code – the IATA code is a pure airline designator.
  • Taking every red Airbus for PLAY – the TF- registration is decisive.
  • Equating the A320neo and A321neo – length and door arrangement give away the type.
  • Taking PLAY for an Icelandair subsidiary – PLAY was an independent competitor of Icelandair.
  • Taking Play Europe for a new airline – it was PLAY’s Maltese subsidiary for wet lease operations.

Your archive, your collection

Post your PLAY sightings with photo, type, registration, airport and spot – and show the community which red jets you caught. Planetrack is launching soon – join the waitlist and get early access.

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Conclusion

PLAY was a short but colorful chapter of Icelandic aviation. With bright red Airbus neo jets, a network via Keflavík and the promise of cheap transatlantic flights, the airline stepped into WOW air’s footsteps in 2021. The shift toward holiday flights and wet lease came too late in 2025. For spotters, PLAY remains an archive topic: if you noted registrations and dates cleanly, you can rediscover the former PLAY jets with new operators today. How to build such a logbook is shown in the article documenting sightings; how to keep following a single aircraft is explained in tracking an aircraft by registration.

Quick summary

PLAY (IATA OG, ICAO FPY) was an Icelandic low-cost carrier with a pure red Airbus neo fleet and its hub at Keflavík. First flight on June 24, 2021, shutdown on September 29, 2025.

Summary

  • PLAY was the second big attempt after WOW air to connect Europe and North America with cheap tickets via Iceland.
  • For spotters the airline was easy to recognize: bright red Airbus jets of the neo generation with TF registrations.
  • After losses, PLAY refocused on holiday destinations from Iceland from late 2024 and founded Play Europe with a Maltese operating license.
  • On September 29, 2025, PLAY canceled all flights; around 400 employees lost their jobs. Photos of the red jets are archive material today.

Frequently asked questions

What were PLAY’s IATA and ICAO codes?

PLAY flew with the IATA code OG in the flight number and the ICAO code FPY. On the radio, the crews identified themselves with the callsign “PLAYER”.

When did PLAY cease flight operations?

On September 29, 2025. That day the airline canceled all flights and advised passengers to switch to other airlines. Around 400 employees lost their jobs. As reasons, the company cited mainly weak bookings that were well below expectations.

Which aircraft did PLAY fly?

Exclusively aircraft of the Airbus A320neo family. At the start in 2021, three leased A321neos arrived that had previously been in service with the Mexican Interjet. After that the fleet grew mainly with A320neos; at the end, the fleet including the Maltese subsidiary Play Europe comprised about ten aircraft, among them six A320neos.

Did PLAY have anything to do with WOW air?

In terms of people, yes: PLAY was founded in 2019 by former executives of WOW air, which had collapsed shortly before, among them Arnar Már Magnússon and Sveinn Ingi Steinþórsson. Legally, however, PLAY was a new airline with its own air operator certificate, its own codes and its own fleet.

Where did PLAY fly in North America?

From 2022, PLAY flew to Baltimore, Boston and New York Stewart, and from 2023 also to Washington Dulles and Hamilton in Canada. In the course of the cost-cutting rounds, the network was thinned out again – Washington Dulles was dropped in early 2025, and the remaining US routes were due to end by the end of October 2025.

Did PLAY also fly to Germany?

Yes. Berlin in particular was part of the network, and other German destinations were added for a time. Via Keflavík, travelers could thus continue to North America with one change of planes.

What was Play Europe?

Play Europe was a subsidiary with its own operating license from Malta, issued on March 27, 2025. Through it, PLAY wanted to wet lease aircraft to other airlines and thus become less dependent on the weak transatlantic business.

Can I still spot PLAY today?

Not in scheduled service anymore. The former PLAY aircraft are leased Airbus jets that, after the shutdown, generally go back to the lessors and keep flying with other operators. If you have a sighting from the years 2021 to 2025 in your archive, you now own a historic photo.

Keep an eye on PLAY

Watch the airline or individual registrations and get notified on approach or landing – and post your sighting with type, registration and spot. Planetrack is launching soon – join the waitlist and get early access.

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Planetrack editorial team

The airline database is built from our own observations, community sightings and publicly available sources. Fleets, routes and owners change all the time – confirmed details are in the profile, and anything subject to change is marked as such.

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