Icelandair will lease six A320neos from Aircastle and four from AviLease, with all 10 joining by summer 2028.
The additions will increase its Airbus fleet to 20 aircraft and support the retirement of passenger Boeing 757s and 767s from January 2027.
The carrier expects its entire passenger network to use new-generation aircraft next year, reducing fuel consumption per seat by up to 30%.
Icelandair is also considering retiring its Boeing 737 MAX fleet and transitioning to an all-Airbus operation from 2032.

American Airlines and its regional partners briefly suspended departures across the United States following an IT outage on 28 July 2026.
The FAA-imposed ground stop remained in effect for approximately 50 minutes before operations resumed.
Around 1,100 flights were delayed and 221 cancelled, with severe weather compounding disruption at several East Coast airports.
The airline confirmed that its systems were restored and apologised to affected passengers.

Singapore Airlines Group reported a net loss of S$76 million for the April–June 2026 quarter, its first quarterly loss in more than four years.
The result was mainly attributed to sharply higher fuel costs and losses associated with its investment in Air India.
The Group carried approximately 7.1 million passengers during the quarter despite the increasingly challenging operating environment.
The loss highlights growing financial pressure from elevated fuel prices and wider industry uncertainty.