May 10, 2009 - 5:34am

The near catastrophic collapse of leading Icelandic banks has forced Reykjavik-based executive charter operator Icejet to take refuge further south by basing four of its five Dornier 328Jets overseas. Two of the aircraft now reside at Oxford Airport in the UK–a 14-seat VIP Envoy model and a 19-seat corporate shuttle version. Another Envoy is based at Paris Le Bourget Airport and a third aircraft operates out of the Latvian capital Riga.