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I fear the worst unfortunately. Good look to all employees.

So far today WW have cancelled on trip to and from KEF and there are long delays on a couple of flights. Anyone know the reason from disruption?. The flights affected are:

Cancelled Flights

WW810 - KEF to LGW
WW811 - LGW to KEF

Delayed Arrivals

WW252 from YUL scheduled to land 04:35 - Delayed 15hrs 10 mins
WW853 from DUB scheduled to land 13:35 - Delayed 12hrs 50 mins
WW815 from LGW scheduled to land 23:40 - Delayed 3hrs 20 mins

Delayed Departures

WW852 to DUB scheduled to depart 06:55 - Delayed to 20:50
WW814 to LGW scheduled to depart 15:50 - Delayed to 20:30

An aircraft has apparently been grounded by the lease company. In Montreal according to various articles. So WOW are short of an aircraft by the sounds of it which will probably not be helping.

Looks like they are a couple of tThey currently have 2 A321’s on the ground in Montreal both have been there 10hrs+. Hopefully it is just 1 aircraft that is grounded there.

They sadly seem to be about to go bust from the latest news unless a Fairy godmother arrives very soon - Icelandair pulled out last night.

Dct_Mopas

Reading elsewhere that the lease company involvement is only a rumour and WOW are claiming it's a tech prob. Another aircraft was sent to YUL, so one would hope if it is leasing issues that doesn't get caught up as well. Opinion seems to sway towards tech issues which has led to the other delays and cancellations.
Claims about bankruptcy shouldn't be made or assumed on open forums when there's hundreds of employees involved, especially if there's no solid evidence yet, just media speculation. It doesn't do anyone any favours.

Sadly the state of the airline is well known for many months now - so no assumption nor rumours there Caaardiff

The latest financial news last night was there is little time left for a bail out or to find a buyer but of course we do hope that the company will pull through OK if at all possible

News at noon today
Troubled Icelandic carrier WOW Air is running out of options for future financing, after their last hope of investment pulls out. Icelandair have stated ‘all discussions have ended’, leaving WOW Air with no more buyers in the pipeline. With dozens of flights cancelled today and widespread concern that they’ve reached the end of the road for the struggling carrier?

caaardiff

This news article in Iceland stated otherwise, so hence my post. Seems very specific, this is what’s already spreading around the internet freely.

https://www.mbl.is/vidskipti/frettir...n_af_felaginu/

Via a translate website it says:

“Airpla*ne WOW air, TF-PRO, which ferry had passengers from Montreal airport in Can*ada last nig*ht, was chil*led at the requ*est of the landlord yester*day. Sources stated that it is not cle*ar whet*her WOW air is able to relea*se the machine again with pay*ment to the aircraft rental comp*any.

The passengers carry*ing the machine, along with the crew, were dri*ven to a hotel at nig*ht and reported that due to "technical difficulties" the flig*ht would be su*spended un*til now tonig*ht. Last nig*ht th*ere was anot*her machine from WOW air, TF-DOG, which was recently depart*ing from Frankfurt to Kefla*vik, depar*ted to Montréal and will be used to ferry the co*astal flor*ets back home tonig*ht. Accord*ing to in*formati*on from the airport in Montreal, the eng*ine is on schedule at. 19:05 local time tonig*ht.

Sources claim that WOW air has lost the right to use TF-PRO for breach of contract terms, and that the owner of the machine, Jin Shan 20 Ire*land Comp*any Lim*ited, ow*ned by the aircraft comp*any Bocomm, has comm*issi*o*ned the machine el*sewh*ere.”

Given the current economic climate, it's likely the situation could get much more severe!

Supposed to be an update at 9am. No flights in the air right now.

FR24 is now showing all their flights departing KEF as cancelled

All flights cancelled amid finalising equity release.

Just announced they have ceased operations daz, see previous post to yours

The end game for WOW , was always coming unfortunatley.

Sad day for staff but can you help me understand your comment a bit further. What are you basing that on, and why could it not have been prevented?

What was so terrible at this company?

Costs?
Revenue per seat?
Over-demand to/from Iceland?

Its been well broadcast the financial struggle at WOW for best part of a year and although they pulled routes and tried to scale back without a takeover it was always going to come down to where they would shut up shop.