21 January 2009

Omar Benediktsson new Managing Director of SmartLynx

Omar Benediktsson has been appointed Managing Director of the charter airline SmartLynx in Latvia. He succeeds Mr.Eugene O’Reilly, who has served as Managing Director of SmartLynx on a temporary basis, and will now as planned return to his post as Assistant Managing Director of Icelease. Mr.O’Reilly has also been appointed to the Supervisory Board of …

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AMR Corporation reports fourth quarter 2008 loss of $340 million

AMR Corporation reported a net loss of $340 million for the fourth quarter of 2008. The results for the fourth quarter of 2008 include the impact of two special charges: a $23 million charge for aircraft groundings, facility write-offs and severance related to the Company’s previously announced capacity reductions during the last four months of …

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