A private company is proposing to base 33 Su-27 fighters in Iceland for dissimilar air combat training with foreign air forces.
Financial Times reported that ECA is talking to the Icelandic government to rent a former NATO air base and park the jets there.
The fighters will be supplied by BelTechExport, a Belarusian arms export company. ECA has agreed to buy 15 warplanes with options for 18 more.
Looks like as of Feb 11 2011 they have a customer.
They have a contract to provide DACT training thru 2016.