Einar Adalsteinsson, CEO of Backbone Aviaiton:

"The company has been bought by a group of Irish and American investors.

Same great Backbone personnel will stay with the company, and we have secured the aircraft for our coming operations, as well as an agreement to bring more aircraft on board.

Backbone will expand greatly under the new ownership, and owing to the strength of the new group, the company is able to offer better services than ever before, to both the Charter and the ACMI market.

Much more to follow soon."