Icelandic budget airline WOW Air ceases operations, stranding passengers across two continents.
Icelandic budget airline WOW Air ceased operations on Thursday, stranding passengers across two continents.
Its bankruptcy comes after six months of turbulent negotiations to sell the low-cost carrier, first to its main rival and flag-ship carrier Icelandair and later to Indigo Partners, an American company operating the airline Wizz. Tourism is Iceland's largest industry and WOW's disappearance is set to have an effect on this summer's high season.
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