Icelandair (FI, Reykjavik Keflavik) has announced a new business plan that will see Icelandair concentrating on its core business, scheduled services from its Reykjavik Keflavik base and passenger and cargo wet-lease contracts. As part of the plan Icelandair is planning to sell its stakes in Bluebird Cargo (BF/Reykjavik Keflavik), SmartLynx (6Y/Riga) and Travel Service Airlines (QS/Prague) with its Smartwings (QS/Prague) division. It has already sold a 20% stake in Travel Service to Czech tour operator Canaria Travel and is planning to sell the remaining 30% stake when market conditions are more favourable. Icelandair has again wet-leased its single B767-300ER to Travel Service Airlines for the winter season. The aircraft has previously been operating scheduled services on behalf of Kabo Air (QNK/Kano) but has now been replaced with an Icelandair B757-200.