Iceland

It was reported last Thursday that the reincarnation of WOW air by USAerospace Associates, led by  Michelle Ballarin, will launch its first flights sometime in mid-October, with the first route being Reykjavik to Washington. Despite the rumors, however, the Washington Metropolitan Airport Authority has confirmed to AirlineGeeks that no such service has been planned by […]

After failing to close a deal with a group of investors, Iceland’s Wow Air  announced that it has ceased operations as of Thursday morning. The company was forced to go under after last-minute negotiations were unsuccessful and a much-needed injection of capital was denied. “We weren’t able to secure funding for the company,” said Skuli […]

Icelandair CEO Bogi Nils Bogason was confirmed into his position in December after replacing former president and CEO Björgólfur Jóhannsson in an interim appointment in August 2018. Since 2010 Bogi Nils had held the position of Chief Financial Officer of the Icelandair Group, a role he had also held from 2004 to 2006 before leaving […]

Icelandic low-cost carrier WOW Air is announcing that it will retire nine aircraft and will begin cutting several more of its long-haul routes. The proposed fleet reduction will see the airline’s fleet drop from 20 aircraft to just eleven, in which all of the carrier’s Airbus A330s will no longer be in service. Additionally, the […]

Icelandic ultra-low-cost carrier WOW air has returned four aircraft to lessors with two Airbus A330s and two Airbus A320 family aircraft departing Reykjavik earlier yesterday for storage, beginning the process of returning to their lessors. The move comes as a letter to bondholders from the airline’s CEO and Founder Skuli Mogensen expressed concern over the airline’s […]

One of the fastest-growing markets that the commercial aviation industry has seen flourish in recent years is Iceland. Now, a traditional carrier made a move on its newest competitor, WOW Air and has presented a share purchase agreement to control the budget-long haul operator. As consideration for the shares, the shareholders of WOW air will, […]

With WOW Air and Icelandair rushing to open up new routes last summer the inevitability of some routes failing would come true and early signs of failure have appeared in WOW’s 2019 route map. The airline has decided to remove service to at least three routes before spring 2019 with the cities being St. Louis, […]

Coming off a disappointing summer season where the airline missed their revenue target and saw their CEO Björgólfur Jóhannsson step down as a result, Icelandair has announced a shift in its traditional overall route structure, as well as changes to individual markets in both continents, that will appear on its winter 2018 and summer 2019 […]

As the busy summer season for transatlantic airlines comes to a close, Icelandic low-cost carrier WOW air announced on Wednesday its newest U.S. destination, Orlando, Fla. The Central Floridian city will be served from the airline’s main hub at Keflavik International Airport, 40 minutes from Iceland’s capital of Reykjavik, on a seasonal basis, and is […]

Since the introduction of numerous low-cost airlines to the transatlantic market, access to Europe has never been easier or cheaper. New fuel-efficient aircraft and low-cost business models have allowed for increased competition among low-cost carriers, with more and more starting up every year. This series will serve to give an in-depth overview on each of the […]