Passengers are stranded as WOW Air collapses
While working to address financing, WOW Air also cut back on routes and reduced its fleet of aircraft. All of these efforts failed.
In the letter to employees, Mogensen reminisced about the bold ambitions of the low-cost transatlantic carrier, boasting its pioneering spirit, and thanked employees for their efforts. Mogensen also thanked customers and partners who believed in the airline."We all tried our best to the end," he wrote.
“I hope and trust that you will never forget the WOW spirit and that you take it with you in your next adventure,” Mogensen said in closing.While there was certainly plenty of ambition, optimism, and hope for WOW, the hard realities of airline operations are that costs are high, margins are low, and competitors are hostile.
In aviation, there is little room for error. Success requires either limitless funding regardless of viability—a la Alitalia—an established position that makes you “too big to fail”—like the three major U.S. carriers—or swift decision making and a no-nonsense approach to management, as with Ryanair and its East European rival
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Wow Air ceases operations, leaving passengers stranded around the worldIcelandic airline Wow Air has announced that it has ceased operations and canceled all flights in a statement on its website Thursday.
Weiterlesen »
Wow Air ceases operations, leaving passengers strandedIcelandic airline Wow Air has announced that it has ceased operations and canceled all flights in a statement on its website Thursday.
Weiterlesen »
Passengers stranded after Iceland's WOW air collapsesIceland's WOW air became the latest budget airline casualty on Thursday, ha...
Weiterlesen »
Wow Airline passengers stranded after airline shuts down unexpectedlyThe company was known for low-cost bare minimum flights. Here's what to do if you're stranded.
Weiterlesen »
Hundreds of people are stranded and freaking out after Wow Air collapsedIcelandic budget airline Wow Air abruptly ceased operations on Thursday and canceled all flights.
Weiterlesen »
Iceland's Wow Air collapses, stranding thousands of passengersAround 30 percent of tourists visiting Iceland last year flew with Wow and the collapse could trigger a 16 percent drop in tourists this year.
Weiterlesen »
Wow Air abruptly shuts down, stranding passengersThe low-cost carrier canceled all its flights and urged passengers to look for 'rescue fares' with other airlines to make their way home.
Weiterlesen »
Icelandic budget airline WOW Air ceases operationsREYKJAVIK, Iceland (AP) — Icelandic budget airline WOW Air ceased operations on Thursday, stranding passengers across two continents.
Weiterlesen »