Air Travel Wow Air Shut-down Leaves Passengers in the Lurch by GTP editing team 29 March 2019 written by GTP editing team 29 March 2019 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 26 Photo Source: @WOW Air Iceland’s low cost carrier Wow Air announced on Thursday, that it had ended all operations, citing financial strain, and leaving hundreds of travelers stranded or seeking alternative travel options. “Wow Air has ceased operation. All Wow Air flights have been cancelled,” the budget carrier announced through its website, leaving Iceland with one airline – Icelandair. Passengers were told to book alternative flights with other airlines, while Iceland’s air transport authority advised flyers to check with providers, adding that some cases may be eligible for compensation. Founded in 2011 and operating cheap trans-Atlantic flights via Reykjavik, Wow Air transported some 3.5 million passengers last year to destinations such as New York, Montreal, Toronto, Boston, and Baltimore. The Icelandic airline collapsed after failed acquisition attempts by other carriers. “This is probably the hardest thing I have ever done but the reality is that we have run out of time and have unfortunately not been able to secure the funding of the company,” Wow CEO and founder Skuli Mogensen said in a letter to some 1,000 airline employees. Speaking to Icelandic TV, Mogensen said more than 1,000 passengers had been affected by the decision. Wow Air did say that it may pay compensation “in accordance with European regulation on Air Passenger Rights”. It should be noted that according to a recent European Court of Justice (ECJ) ruling, airlines are obliged to recompense air passengers for flight delays and cancellations, even if a strike has previously been announced and on condition that the departure airport is within the EU, or that the flight is run by an EU-based carrier. Additionally, the airline should be responsible for the delay. If the airline declares bankruptcy, passengers can make a claim with the administrator or liquidator. For more on air passenger rights go here. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Mideast Travel Celebrates 35 Years with New Campaign next post The Telegraph Reveals 10 Places in Greece that Will Surprise Travelers You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Greek Ministries Team Up to Form National Cycling Strategy 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ