We were honored to attend the press conference where Icelandair announced its commitment to buy 12 Boeing 737 MAX (list price of $1.2 billion) with an option to acquire twelve more. The highly fuel efficient 737 MAX will supplement Icelandair’s 757 fleet and provide it with the flexibility to expand its route network. The Icelandair/Boeing partnership reinforces the close business ties between Iceland and the United States. Our congratulations to both entities.