The CEO of WOW Air has today made a decision to close down the airline. All operations of this airline are ceased, all staff will be fired, and all assets and aircraft are returned to their owners or to creditors.
WOW Air operated from Keflavik (BIKF / KEF) airport and had a fleet of 11 aircraft in operation at the time of the closure.
https://www.cnn.com/2019/03/28/business/wow-air-scli-intl/index.html
I'm sorry for all the people losing their jobs :(
Hmm... I believe I had its CEO as customer on our boat a few years back. Seems they don't always succeed...
they only had 11 aircraft?
after many were returned/repossessed yes