WOW Air returns aircraft to lessor
Apparently a planned sale and leaseback operation didn't go through, leaving WOW Air short of 25M USD and unable to fulfil their financial obligations. As a consequence thereof, they've had to return 4 aircraft to lessors; 2 x A330 and 2 x A320.
Not a good sign ... http://standbynordic.com/wow-returns...n-cash-crunch/ |
Noticed the 2 330's (TF-LUV and TF-WOW) overflying the UK around 2300 on Tuesday evening, en route to Lourdes (presumably for storage)
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Icelandair pulls out
Things getting worse for Wow today; Icelandair has pulled out of its planned acquisition.
This can only damage the airline's prospects further, as creditors, investors and potential (and indeed, existing) customers ask why FI has decided to pull out. https://www.flightglobal.com/news/ar...keover-454008/ |
When the tide goes out, you get to see who is swimming without a bathing suit. I guess Wow was swimming “al fresco”. Me thinks many more to come. |
WOW now has insufficient aircraft to operate their schedule (let alone any planned routes). They'll probably cancel (or suspend) their LAX route next.
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Fingers crossed for all. |
WOW air seeks to delay payment of airport fees - report from the chaviation website. How is wow air doing any news? |
Originally Posted by babemagnet
(Post 10395023)
WOW air seeks to delay payment of airport fees - report from the chaviation website. How is wow air doing any news? |
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