Wow Air just went bust in yet another blow to the struggling budget airline industry

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The 7-year-old Icelandic carrier, known for its bright purple planes and rock-bottom ticket prices, had been struggling with debt.

from private-equity firm Indigo Partners, which owns budget airlines Frontier Airlines and JetSmart.

It's another blow for a sector that has been hammered in the last few years. In October, Nordic budget airline Primera Air went under. A year before, Britain'sAir Berlin, Germany's second-largest airline, filed for bankruptcy protection in August 2017. Wow said to affected passengers on its site:"In case of a bankruptcy, claims should be filed to the administrator / liquidator."

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Shame. Such a strong potential challenger to capture a lot of the 1 Stop transatlantic traffic. What they really needed was a partner both sides of the Atlantic to pick up inbound traffic, this way they could fill planes both ways and offer connecting services. RIPWOW

Wow.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR

France Dernières Nouvelles, France Actualités