Wow air out of business
This item appears on page 4 of the May 2019 issue.
Ultrabudget Icelandic airline Wow air (wowair.com) ceased operations and canceled all future flights without prior notice on March 28, stranding hundreds of passengers in the US and Europe. Wow is unable to refund passengers whose flights were canceled, but refund claims may be made against its liquidation in the future.
Wow, which sold air tickets from US cities to Reykjavik for less than $100, had been looking for investors but was unsuccessful.