Budget airline Wow Air collapses and cancels all flights, stranding passengers

Icelandic low-cost airline Wow Air today announced that it has ceased operations and all flights have been cancelled. In a travel alert, the airline is advising that passengers who have a scheduled flight with the airline seek “rescue fares” from other airlines, or request a refund through their credit card companies or travel insurance, if if was purchased.

Icelandair, a larger airline also based in the country, is now offering reduced fares for those who were affected by the shutdown. According to local news site Iceland Review, an estimated 2,7000 to 4,000 passengers have been stranded, and Icelandair is working with those who are stuck in Iceland to bring them home. The airline previously expressed interest in acquiring Wow Air last...

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