A great number of people lost their jobs at WOW air today.

WOW air lay off 350 staff

News Tagged with “WOW air”

Group from Indigo Partners arrive in Iceland to discuss WOW acquisition

5 Dec A group of people from investment company Indigo Partners are currently in Iceland to discuss the possible acquisition of WOW air with its directors. One of them is Bill Frankie, one of the founders of Indigo Partners and self-crowned king of low cost airlines.

"The planned acquisition of Icelandair Group of Wow air will not go through," said Bogi Nils Bogason, CEO of Icelandair in an announcement this morning.

Icelandair Group's acquisition of WOW air cancelled

29 Nov Icelandair group will not be purchasing WOW air and have cancelled a purchase agreement signed on November 5th. This was a mutual agreement by both airlines. Staff of WOW air have been asked to attend a staff meeting at 10 am this morning.

Skúli Mogensen, founder and CEO of WOW air.

"I will continue to do my best"

6 Nov "The last 72 hours have been some of the toughest in my life as I had to determine the future of WOW air in the face of extremely challenging times," writes WOW CEO Skúli Mogensen in a statement on his Facebook page earlier today.

Sameinað félag þykir ekki stórt miðað við stærstu félögin á Norðurlöndunum og í Evrópu.

Icelandair still a comparatively small airline

6 Nov Following Icelandair's acquisition of low cost airline WOW air, Icelandair's passenger numbers will obviously increase. WOW air transported around 2.8 million passengers in the first nine months of this year. Over the same time period, Icelandair transported 3.3 passengers.

Icelandair shares surge following WOW acquisition

5 Nov Shares in Icelandair have surged since today's announcement that they are buying WOW air.

Icelandair have aquired Wow air.

Icelandair buy WOW air

5 Nov Icelandair Group has entered into a share purchase agreement to purchase all shares in the airline WOW air. This was just announced by Icelandair.

Skúli Mogensen, founder and owner of WOW air.

WOW completes bond offer

18 Sep WOW air have completed their bond offer and the bond class amounts to 60 million Euros. Ten million will be sold to investors. This has just been announced by the company.

Troublesome times for WOW air.

WOW air hope to secure capital for the company

12 Sep WOW air who reported losses this summer are hoping to secure capital for the company. Morgunblaðið sources report that the company is hoping to secure at least 50 thousand USD in consultation with financial firms by issuing bonds.

Skúli Mogensen, managing director of WOW air.

WOW Air becomes the airline most used by Icelanders

1 Nov 2017 New figures show that WOW air have surpassed Icelandair, Iceland's oldest airline, as the leading airline for Icelanders.

Rachael Ray

Rachel Ray’s studio audience invited to Iceland

27 Oct 2017 The Rachel Ray show had a surprise for its studio audience when it gifted everyone present a trip to Iceland.

From spring onwards, there will be departures at noon to Amsterdam, Dublin, Paris and Copenhagen.

WOW air to offer noon flights

21 Sep 2017 Icelandic low-cost airline WOW air have decided to put good use of the dead hours at Keflavik International Airport at noon by beginning direct flights to several cities in Europe this spring.

WOW air cancel flights to Miami

7 Sep 2017 WOW air have cancelled two flights to and from Miami in the US due to hurricane Irma.

Iceland’s WOW air gets new jet today

7 Dec 2016 Icelandic low-cost airline WOW air is taking delivery of the twelfth aircraft in its fleet today, a brand-new Airbus A321 aircraft, registered TF-JOY.

Iceland’s WOW air doubles revenues in one year

23 Nov 2016 Icelandic low-cost airline WOW air saw revenues of ISK 15.3 billion (approx. €127 million) in the third quarter of 2016 – this is 104% more than during the same period last year.

Central Stockholm.

Iceland’s WOW air begins service to Stockholm Arlanda

22 Nov 2016 Last Friday saw the maiden flight by Icelandic low-cost airline WOW air from Iceland to Arlanda Airport in Stockholm, Sweden.

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