Opinion: Low-Cost Transatlantic Business Model is Flawed
WOW Air ceased operations recently, making it another low-cost transatlantic carrier to essentially shut its doors overnight. WOW air left thousands of passengers stranded without much recourse. Planes are scattered around airports waiting to be repossessed by lenders, including one Airbus A321 in Newark. A few years ago, fueled by cheap oil prices, these low-cost […]