REYKJAVIK: Icelandic budget airline WOW Air ceased operations on Thursday, stranding passengers across two continents. In a statement on its website the airline, which had earlier suspended all its flights, told passengers there would be no further flights and advised them to check flights with other airlines for ways to reach their destinations.
The airline, founded by entrepreneur Skuli Mogensen, began operations in 2012 and specialised in ultra-cheap flights between North America and Europe.
Its bankruptcy comes after six months of turbulent negotiations to sell the low-cost carrier, first to its main rival and flagship carrier Icelandair and later to Indigo Partners, an American company operating the airline Wizz.
