REYKJAVIK, ICELANDIcelandair Group is planning to replace its Boeing 757 fleet as part of its long-term growth and fleet modernization strategy.

During the airline’s full-year results presentation, Chief executive Bogi Nils Bogason said that Icelandair's current fleet structure is compliant with its existing route network in the short term.

“It is most likely that near-future growth of the network will be supported by current aircraft types,” Bogason said.

But he also stated that the carrier would retire the carrier's Boeing 757 fleet around 2026, and begin to evaluate its options over the next 12 months, adding that the future fleet could include 737 MAX jets with Boeing 787s or the carrier could shift to an all-Airbus fleet in the second half of the decade. He said the long-range variants of the A321neo (A321LR, A321XLR) are definitely among the options.

Bogason did not reveal the number of aircraft required for the airline's future fleet growth due to the uncertainty in the air transport sector after the Covid-19 pandemic.

Icelandair currently operates 17 B757s along with four B767-300ER and 11 737 MAX jets.