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Wow Air Ceases Operations Following Months of Financial Troubles

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…

WOW Air to Retire Widebody Aircraft, Reduce Long-Haul Operations

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…

WOW air Returns Leased Aircraft Amid Financial Woes, Leaves Icelandair…

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…

Iceland Aviation Market Faces Consolidation as WOW Air Becomes Part…

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…

WOW Backtracks Previous Expansions to Ease Financial Tensions

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…