Update:
It has been only two weeks since I have posted this article and well, things only seems to get worse for the Icelandic Airline. Here is the latest news on WOW air:
WOW air says goodbye to 350
WOW air has officially layed off 350 workers this past Wednesday. Within the 350 layed off, 111 full time staff were fired. This alone is extremely worrisome. It is extremely clear that there is a huge financial issue that WOW is currently facing.
WOW cuts the purple fleet by half
You most definitely read that one right! WOW air has announced that they will be only having 11 aircraft in service starting very soon. According to USA Today, WOW is currently selling four Airbus A321’s for about $10 million each. They have also loaned a A321 (TF-MOM) to a Caribbean carrier.
No more Wide Bodies
On top of selling 4 A321’s for rock bottom prices, WOW air is also returning all four of its A330’s to Airbus. With this, WOW air will most likely not be able to continue one of its most popular routes, Los Angeles to Reykjavik. This brings me to my next topic…
WOW plans to cut even more
WOW air will be most definitely leaving Chicago for dead when it recently announced that Chicago is the next city to go for WOW. This comes to a shock to O’hare as Icelandic travel has seen a huge increase this last month. The only Icelandic airline to fly to Chicago will be Icelandair. WOW air has also rumored that it will be dropping all California and Texas flights. This is due to the recent returning of the A330, mentioned in the catagory above.
Half off flights
This past couple days WOW air cut all there flight fares by 50% attempting to find revenue every which way. This might look very good to the passenger, but to us (the avgeeks), it looks like a desperate call for help.
Is it the end?
With all this happening, it really seems like the true end for WOW air. From laying off workers to selling their fleet, WOW seems like it is going through some terrible recent days. The CEO has mentioned that he has been heartbroken and hopes to see better with WOW. So, that brings up another huge question. Is there hope? Well, actually, yes! An Indian airline has shown interest in purchasing the airline. The only worry is, that, they will drop out just like Icelandair did last September. The future seems really unpredictable at this current time but there is hope. Only time will tell…
Source:
https://www.google.com/amp/s/amp.usatoday.com/amp/2299874002