WOW Air cancels all flights after its budget carrier collapsed

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Iceland’s WOW Air has recently announced that it had ceased operations and cancelled all flights on Thursday, stranding thousands of passengers in the low-cost airline industry’s latest collapse.

WOW Air canceled all the flights after buyout talks with rival Iceland air collapsed earlier this week.

“All WOW Air flights have been cancelled. Passengers are advised to check available flights with other airlines,” the carrier said in a statement. 

“Some airlines may offer flights at a reduced rate, so-called rescue fares, in light of the circumstances. Information on those airlines will be published, when it becomes available.”

Iceland’s government said it estimated that 4,000 travellers were stranded, including around 1,300 currently in transit. 

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