1 APRIL 2019

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2019 Business Travel News Ltd.

Article from BTNews 1 APRIL 2019

Wow Air fails after talks collapse

The growing list of European carriers going out of business was joined last week by Wow Air after rescue talks with Icelandair collapsed. The Iceland-based airline stopped flying overnight, stranding passengers.

A short message on the company website said: “Wow Air has ceased operation. All Wow Air flights have been cancelled.” This confirmed rumours circulating since the private equity firm Indigo Partners withdrew from investment talks.

Wow had reopened negotiations with Icelandair following the Indigo decision but discussions were reported to have broken down for a second time. Icelandair said “a possible involvement with Wow Air's operations … will not materialise”.

Wow started flying in 2012 and at its height had 1,000 staff. It had a fleet of 11 aircraft and carried 3.5m passengers last year, operating low-cost short- and long-haul routes to Europe and to Washington and Boston in the US.

Observers noted it has been a tough period for European airlines, with Germania, Joon, Monarch, Cobalt Air, airBerlin, flybmi and Primera Air among the casualties. Flybe was taken over by the Connect Airways group and Thomas Cook is “reviewing options”.

Which? travel editor Rory Boland said: “Passengers will quite rightly be appalled that Wow Air was still selling tickets right up to the moment it collapsed knowing full well that any tickets sold would likely not be worth the paper they are printed on.”

www.wowair.com

Index/Home page
 

OUR READERS FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.


www.btnews.co.uk