After going through months of financial difficulty, the low-cost Icelandic airline WOW Air eventually announced on March 28, 2019, that it would cease operations.
WOW Air, which carries more than a third of travelers in Iceland, failed to find the €36 million it needed for a recovery. The airline published a travel alert on its website announcing the cancellation of all flights.
Icelandair is already working on a plan to “assist” stranded passengers. “We are currently working on a plan in order to assist stranded passengers in need of assistance to return home,” a statement by the Iceland’s national carrier reads. “It is expected to be ready in the next couple of hours”.
@wow_air cancels flight to Dublin from Detroit at the last minute, looks like the company has gone bust. Any chance you can accommodate a family of four on @AerLingus out of Chicago or Tornado tomorrow the 28th. You would make this little girl Maeve very happy to see her cousins pic.twitter.com/jMnmWSh6zI
— Barrai Omuireagain (@BOmuireagain) March 28, 2019
Three days after losing hope to see Indigo Partners invests, WOW Air and its competitor Icelandair had jointly announced on March 24, 2019, that the negotiations for a recovery agreement between the two were aborted.
On March 26, 2019, suspicions of WOW Air fleet being grounded were reported.
