and London last summer, went bust last fall. Primera Air, a Scandinavian airline that added flights between the U.S. Unfortunately, it's become fairly common to see airlines go out of business lately. The upstart carrier then laid off over 100 workers at the end of 2018, and managed to survive less than three months into 2019. Last fall, talks broke down for Icelandair to acquire Wow Air. Between July 2017 and July 2018, Wow Air reported losses of about $43 million. Wow Air, which is based in Iceland and became popular with budget travelers for offering insanely cheap flights to Europe ( $55 one way!), grew rapidly since its founding in 2011 but has struggled with debt for months. In a travel alert, Wow Air said that customers with unused tickets can seek refunds if they purchased with a credit card, and that stranded passengers should try to book seats with other airlines, which "may offer flights at a reduced rate, so-called rescue fares, in light of the circumstances." Wow Air, the discount airline that helped upend the transatlantic flight market with airfare under $100 to Europe, just ceased operation and cancelled all flights.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |