After failing to financially recover itself, Wow Air has announced it has ceased operations completely, leaving passengers and crew stranded around their network.
In a statement placed on their website, Wow Air is urging passengers to search for rescue fares with other airlines or book new flights and seek compensation given the circumstances.
Those that paid for Wow Air flights using a credit card are advised to contact their credit card company to identify whether a refund can be granted. European regulations on Air Passenger Rights highlights the ability of passengers to seek refunds from Wow Air, even though they’ve ceased operations, by filing claims to the administrator/liquidator.
Wow Air has been working hard for many months now to financially stabilize themselves, however talks with prospective investment partners crumbled.
Part of these talks included the potential takeover by Icelandair, however this was recently called off.
Commencing service in 2012, Wow Air operated low-cost flights between Iceland, Europe and North America. Since its birth, Wow Air has developed an 11-strong fleet of Airbus narrowbody aircraft consisting of three A320neo family aircraft and eight A320ceo family aircraft.
Previously operated was the A330-200 and A330-300, with their first example of an A330-900neo already emerging from Airbus’ paint hangar in recent months.