All Wow air articles
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Airline BusinessIcelandair chief on Covid recovery, Max jets, 757s, cargo and competition
With the group restructured during the pandemic, Icelandair under Bogi Nils Bogason is emerging as a streamlined, aviation-focused business with a decision ahead on its future fleet
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NewsIPO eradicates risk of ‘megalomania fit’ at growing airline: Play chief
The chief executive of Icelandic budget airline Play has explained how last year’s IPO was an important step in taking risk “off the table” for the start-up carrier’s stakeholders following the missteps at defunct compatriot Wow Air.
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Airline BusinessWhy Icelandic start-up Play is taking measured approach to growth
Whilst the pandemic means Icelandic budget start-up Play has had to bide its time before launching, chief executive Birgir Jonsson says the carrier will remain patient in adding capacity in a bid to resist the pitfalls of over-expansion.
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News
Wow Air’s new owner now plans December relaunch
The planned relaunch of Icelandic low-cost carrier Wow Air has been delayed until December, according to a statement provided by the owner of the shuttered airlines’ assets, though many questions about the effort’s feasibility remain unanswered. The 8 October statement from Michele Ballarin, chair of Virginia-based USAerospace Associates, does not ...
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News
Wow Air plans comeback in October
Shuttered Icelandic ultra-low-cost carrier Wow Air is planning a comeback, thanks to a new investor who purchased the brand.
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Airline BusinessANALYSIS: Low-cost model suffers long-haul growing pains
Few sectors have generated as many headlines in recent years than the attempts to transfer the low-cost carrier model to long-haul markets.
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PodcastPODCAST: Airline Business team on Jet, Wow, Max, Turkey and China
The new edition of the Airline Business Podcast is now available.
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News
Wow Air runs out of time to seal crucial financing
Indications that Icelandic carrier Wow Air was facing an end-game had emerged when the airline cancelled several inbound services from North America.
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News
Wow Air ceases operations and cancels all flights
Icelandic budget carrier Wow Air has ceased operations and cancelled all flights, hours after suspending services while it attempted a last-ditch financial rescue.
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Wow Air postpones flights ahead of new investment deal
Icelandic budget carrier Wow Air has postponed all flights on 28 March as it finalises an equity raising with an unidentified group of investors.
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Wow Air bondholders back restructuring plan
Wow Air bondholders have agreed to convert their debt into equity in the beleaguered low-cost carrier.
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Wow seeks agreement with bondholders to restructure
Icelandic budget carrier Wow Air is holding talks with creditors and bondholders with a view to agreeing a voluntary restructuring of the troubled company.
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Icelandair Group pulls out of Wow Air discussions
Icelandic carrier Wow Air’s future appears increasingly uncertain after Icelandair Group ended newly-initiated discussions with the budget airline.
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Wow Air resumes talks with Icelandair as Indigo walks
Indigo Partners has cancelled its proposed investment in Icelandic low-cost carrier Wow Air, prompting the airline to resume talks with Icelandair Group.
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Wow improves liquidity $12m through Air Canada A321 deal
Restructuring Icelandic carrier Wow Air has signed a deal to sell four Airbus A321s to Air Canada in a deal the carrier says will improve its liquidity by more than $12 million.
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Indigo meets with Wow as investment plan progresses
US private equity company Indigo Partners and Icelandic carrier Wow are progressing toward cinching an agreement under which the former will invest in the financially troubled budget airline.
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Wow Air confident over sourcing crucial funding
Icelandic budget carrier Wow Air admits there are “some reservations” about its ability to operate as a going concern, but its directors believe the company will be successful in securing additional capital.
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Indigo reaches tentative agreement to buy Wow Air
Indigo Partners has a preliminary agreement to purchase Wow Air, a deal coming less than a day after Icelandair Group pulled its offer to buy the beleaguered low-cost carrier.
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Icelandair Group scraps Wow Air takeover
Icelandair Group has abandoned its plan to take over budget carrier Wow Air.
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Wow Air returns four aircraft in face of cash crunch
Iceland's Wow Air has returned four aircraft to lessors as its financial position continues to erode.