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   AVIATION      Aviation echo, airline-related news      717 messages   

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   Message 143 of 717   
   Aviation HQ to All   
   WOW Air stops all operations and declare   
   28 Mar 19 20:44:49   
   
   MSGID: 2:292/854 162c4810   
   Low cost airline WOW Air immediately ceases all flights. Where the measure   
   initially seemed temporary, it is now definitely over and out for the   
   Icelandic airline. Thousands of travelers have been affected. WOW Air calls on   
   travelers to arrange alternative transportation or to submit a claim to the   
   trustee.   
       
   WOW Air has been in financial trouble for a long time. Discussions with   
   Icelandair and investment company Indigo Partners broke down, resulting in an   
   emergency meeting with creditors last Monday. It was decided there to convert   
   part of the debts into shares. On Thursday morning, WOW Air first reported   
   that the cancellation of the flights had to do with some formalities, but a   
   new update makes it clear that the airline is throwing in the towel.   
       
   The airline started in 2011 and attacked direct competitor Icelandair by   
   offering low-cost flights to Iceland and then to North America. However, in   
   recent months it turned out that the arms race was not profitable. As a   
   result, routes were canceled and aircraft and personnel were divested.   
       
   Icelandair offers travelers who are stranded due to the fall of WOW Air the   
   opportunity to fly back home at a considerably reduced rate.   
       
   If you have a ticket with travel dates between 28 March and 11 April 2019 and   
   are abroad, you can book a ticket with a discount at Icelandair to still be   
   able to fly home. "It's only about that specific group of travelers," a   
   spokesperson emphasizes. A ticket between European destinations and Iceland is   
   available from 60 dollars, a flight between Europe and North America costs 160   
   dollars.   
       
   To make use of the emergency solution, travelers can fill in a form on a   
   special webpage that Icelandair posted. The discount applies to flights   
   departing from Schiphol, Brussels, London, Copenhagen, Frankfurt, Berlin,   
   Dublin, Paris, Hamburg, Glasgow, Helsinki, Oslo, New York, Washington, Boston,   
   Toronto and Edmonton.   
      
   --- D'Bridge 3.99 SR41   
    * Origin: AVIATION ECHO HQ (2:292/854)   
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