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WOW Airlines

Old 30th Mar 2019, 12:38
  #201 (permalink)  
 
Join Date: Oct 2007
Location: Europe
Posts: 151
Although we disagreed on numerous occasions with Krugerpark in the past, i couldn't agree more with his post this time. Wish all ex-wow people swift reemployment and luck for the future.

Another insight by Ben Baldanza, probably the only foreigner on the board.

https://www.linkedin.com/pulse/five-...b-ben-baldanza
booze is offline  
Old 1st Apr 2019, 13:26
  #202 (permalink)  
 
Join Date: Nov 2018
Location: Iceland
Posts: 12
Reality check

Hi all,


The following was discussed on a board meeting this morning.

We've been getting a lot of questions why ÍFF is not helping members out financially. Here's a little reality check.

ÍFF is little more than 4 years old with less than 200 members and that's only the last year. We started out as 15 members. Do the math! In other words we are a micro union but with a big heart. We have obligations towards members with regards to the Health and Sick Fund and claiming your unpaid salaries. For that we have to pay our lawyer a fee. We also have to pay Guðrún Birna her salary plus a lot of other expenses.

We are doing our best to gather information on jobs out there and setting up roadshows like today's show with Parc.

We are also offering our facilities to former ÍFF members that were WOW air management staff like Reynald, who is signing logbooks and Davíð that will be handing out the training documents.

Needless to say our funds are not as big as the other union's like VR and FFÍ. You've probably heard that VR is paying some salary for their members and FFÍ is assessing their situation. We are not in ASÍ (the big collective Labour Union) and we can not afford to take a loan to pay you the amount of the claim beforehand. In other words we can not pay you any salary due to size of our funds.

ÍFF will remain operative until shit storm is over!

Best regards and good luck with the job hunt,

The Board and alternates.



Dear board, with small cases,

i have done the math:
since I f**** joined the local contract iff took 800k isk from me alone... and I get one half of what your president ( small cases) again earn!

So I have done the math...

you should all be ashamed of yourself.


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Old 1st Apr 2019, 13:41
  #203 (permalink)  
 
Join Date: Apr 2008
Location: Europe
Posts: 7
Ask them about the pretty little summer house they were so obsessed with, while the boat was sinking.
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Old 1st Apr 2019, 14:00
  #204 (permalink)  
 
Join Date: Nov 2017
Location: Up front
Posts: 12
And what’s ahappend to our pension contributions!
thieving b****ds!.
LHS320
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Old 1st Apr 2019, 14:06
  #205 (permalink)  
 
Join Date: Jun 2002
Location: Geneva, Switzerland
Age: 49
Posts: 1,386
Fwiw I spotted a WOW aircraft leaving GVA on Sat 30th around 915 am. I guess some sort of repossession flight?!
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Old 1st Apr 2019, 14:43
  #206 (permalink)  
 
Join Date: Nov 2018
Location: Iceland
Posts: 12
Reality check 2

Hi all,


The following was discussed on a board meeting this morning.

We've been getting a lot of questions why ÍFF is not helping members out financially. Here's a little reality check.

ÍFF is little more than 4 years old with less than 200 members and that's only the last year. We started out as 15 members.

AND U ENDED UP WITH OVER 200 MEMBERS , MOST OF THEM EXPATH, LURED TO FORCIBLY SIGN A LOCAL CONTRACT AND SWAP TO LOCAL LICENCE, WITHOUT NEVER BEING REALLY REPRESENTED: IT WILL SUFFICE JUST REMEMBERING THE FOREIGN EXPERTS TAX DEDUCTIONS THAT IFF SO FIERCELY OPPOSED.


Do the math!

YEP: WE DID THE MATH ALL RIGTH!

In other words we are a micro union but with a big heart.

A BIG HEART, FOR SURE : NOT QUITE SURE HOW SOUTH IN YOUR BODY IS LOCATED.

We have obligations towards members with regards to the Health and Sick Fund and claiming your unpaid salaries. For that we have to pay our lawyer a fee.

I HOPE WE WILL SEE LAWYER INVOICES AND BANK TRANSFER RECEIPTS*TO THE UNLUCKY FELLOW PILOTS WHO ARE IN NEED.


We also have to pay Guðrún Birna her salary plus a lot of other expenses.

I FEEL FOR YOUR SECRETARY: BUT HOW IS HER SALARY A PRIORITY OVER MINE???

WHICH OTHER EXPENSES??? YOUR BEER? YOUR DINNERS? YOUR SUMMER*HOUSES? CAN WE SEE A BALANCE SHEET OF WHERE OUR MONEY ARE??



We are doing our best to gather information on jobs out there and setting up roadshows like today's show with Parc.


DOES THAT COST MONEY??

We are also offering our facilities to former ÍFF members that were WOW air management staff like Reynald, who is signing logbooks and Davíð that will be handing out the training documents.

AWESOME: SHALL WE GIVE THEM A SALARY? AGAIN THEY ARE GREAT: thank you!!!! IS THAT A COST? DO THEY GET PAID? IN THAT CASE I VOLUNTEER TO COME AS WELL AND I WITHDRAW MY THANKS!

Needless to say our funds are not as big as the other union's like VR and FFÍ.



NO SHIT!!!!


You've probably heard that VR is paying some salary for their members and FFÍ is assessing their situation. We are not in ASÍ (the big collective Labour Union) and we can not afford to take a loan to pay you the amount of the claim beforehand. In other words we can not pay you any salary due to size of our funds.


WOW: SILLY ME: I JUST BOOKED A RESORT IN BALI FOR ONE MONTH!!!

ÍFF will remain operative until shit storm is over!

FANTASTIC NEWS!!!

Best regards and good luck with the job hunt,

The Board and alternates.

Last edited by Krugerpark; 1st Apr 2019 at 14:55.
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Old 2nd Apr 2019, 08:53
  #207 (permalink)  
 
Join Date: Oct 2012
Location: London
Age: 26
Posts: 10
As ex Monarch, I feel for you guys...took me almost a year to get back to stable salary and most of the shit sorted...
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Old 5th Apr 2019, 07:33
  #208 (permalink)  
 
Join Date: Nov 2018
Location: Iceland
Posts: 12
COMMUTATIVE PROPERTY

Rumors has it that Skúli wishes to start a brand new Company on the ashes of the deceased Wow, like the phenix...a mythological creature....
He obviously has the same “dream team” in mind to lead it: those who managed it so well so far and caused a pitch dive to make a 737 max blush .

Newspaper article states the Unions allegedly compensated the employees: let me reassure you that IFF has not! But hey, how to blame them? “They have their hands full...”

On some sort of a Stockholm syndrome the “usual suspects” on workplace keep on cheering and clapping: BOHICA! ( google it up ,in case you are not familiar).

I will not entertain a disquisition on ethics or integrity: we are way past that! Just a short reminder of a simple arithmetic principle:

Commutative property of addition: Changing the order of addends does not change the sum.




Skúli Mogensen, once the CEO of the failed WOW Air airline, is now seeking investors in order to start a new airline, tentatively called NewCo.

Frettabladáið was first to report on the matter, their source material being an investment proposal dated yesterday. While WOW Air West bankrupt just á week ágó. Skúli is already looking for up to 40 million USD in investment cash to get his new company off the ground.

The company, tentatively called NewCo, is planned to be a budget airline, much like WOW Air was. Apart from Skúli, other key executives from WOW are also a part of the project.

The presentation states that they have already sought an airline operators license and hope to begin with five airbuses; four A321s and one A320neos. They aim to be flying between Keflavík International Airport and 13 destinations in Europe and North America: London, Paris, Amsterdam, Berlin, Copenhagen, Dublin, Tenerife, Alicante, Frankfurt, Barcelona, New York, Baltimore and Boston.

Should this come to pass, Skúli and his key executives would retain 51% control of NewCo, while the investors ponying up the capital would collectively own a 49% stake.

The news has been puzzling to many Icelanders across social media, especially in light of WOW Air’s bankruptcy, and the resulting in the termination of 1100 employees and counting. Many of these workers have subsequently been compensated by labour unions, rather than by Skúli.

How and whether this new company will get off the ground remains to be seen.

Pay us our F****g salaries instead of playing monopoly and going on television, will ya’!




Last edited by Krugerpark; 5th Apr 2019 at 07:52.
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Old 5th Apr 2019, 15:15
  #209 (permalink)  
 
Join Date: Dec 2014
Location: Uk
Posts: 134
You have my sympathy.
reminds me of a small British airline brought by the Icelandic’s and utterly run into the ground .
Meester proach is offline  
Old 5th Apr 2019, 16:58
  #210 (permalink)  
 
Join Date: Feb 2013
Location: 60 north
Age: 55
Posts: 1
Iceland Express?

I once sent my wife and kids from Gatwick via Iceland to Winnipeg with a lot called Iceland Express.
Did they have any connection with WOW?
Regards
Cpt B
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Old 5th Apr 2019, 17:36
  #211 (permalink)  
 
Join Date: Oct 2007
Location: Europe
Posts: 151
Originally Posted by BluSdUp View Post
I once sent my wife and kids from Gatwick via Iceland to Winnipeg with a lot called Iceland Express.
Did they have any connection with WOW?
Regards
Cpt B
I think WOW bought their AOC if i'm not mistaken.
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Old 5th Apr 2019, 19:02
  #212 (permalink)  
 
Join Date: Apr 2008
Location: Europe
Posts: 7
Originally Posted by Meester proach View Post
You have my sympathy.
reminds me of a small British airline brought by the Icelandic’s and utterly run into the ground .

Astraeus Airlines? 100% Icelandic owned in the later years, same group that launched Iceland Express for which Astraeus wet leased I believe. 100% run into the ground. I’ve come to the conclusion that any airline that is Icelandic owned or managed is better to be kept at arms length (or farther for that matter).
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Old 5th Apr 2019, 19:35
  #213 (permalink)  
 
Join Date: Feb 2013
Location: 60 north
Age: 55
Posts: 1
Booze and Compass

Indeed, so this is Take 3 or 4 depending were we start counting.
Pitty
I hope the good gang from Rygge got on-board IcelandAir. But I suspect a few got comfortable in WOW.
Anyway it was all to good to be true.
Good luck to all PILOTS involved.
Kind regards
Cpt B
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Old 5th Apr 2019, 20:08
  #214 (permalink)  

I Have Control
 
Join Date: May 2004
Location: Up North
Posts: 1,183
Iceland seems to be a most unreliable country when one reviews the shocking recent history of Icelandic banks and airlines
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Old 6th Apr 2019, 00:18
  #215 (permalink)  
 
Join Date: Oct 2010
Location: Location Location
Posts: 2
Originally Posted by BluSdUp View Post
I once sent my wife and kids from Gatwick via Iceland to Winnipeg with a lot called Iceland Express.
Did they have any connection with WOW?
Regards
Cpt B
charter company
TF-OII is offline  
Old 6th Apr 2019, 07:29
  #216 (permalink)  
 
Join Date: Dec 2014
Location: Uk
Posts: 134
WOWair acquired Iceland express as a quick way to get an AOC. I’m not sure what the deal was, but I have little faith in that islands “ entrepreneurs “.
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Old 6th Apr 2019, 09:35
  #217 (permalink)  
 
Join Date: Feb 2001
Location: Europe
Posts: 994
Originally Posted by Meester proach View Post
WOWair acquired Iceland express as a quick way to get an AOC. I’m not sure what the deal was, but I have little faith in that islands “ entrepreneurs “.
Except for a fact Iceland Express had no AOC. WOW Air AOC was a fresh one from scratch.
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Old 6th Apr 2019, 11:03
  #218 (permalink)  
 
Join Date: Dec 2014
Location: Uk
Posts: 134
Good point, IEx flew on AEU AOC of course. But they wanted the infrastructure I guess
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Old 8th Apr 2019, 08:52
  #219 (permalink)  
 
Join Date: Jul 2008
Location: Iceland
Age: 35
Posts: 22
Skúli Mogensen, once the CEO of the failed WOW Air airline, is now seeking investors in order to start a new airline, tentatively called NewCo.

Fréttablaðið was first to report on the matter, their source material being an investment proposal dated yesterday. While WOW Air went bankrupt just a week ago, Skúli is already looking for up to 40 million USD in investment cash to get his new company off the ground.
The company, tentatively called NewCo, is planned to be a budget airline, much like WOW Air was. Apart from Skúli, other key executives from WOW are also a part of the project.
https://grapevine.is/news/2019/04/04...t-new-airline/
You really can't make this s**t up!
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Old 8th Apr 2019, 10:43
  #220 (permalink)  
 
Join Date: Nov 2018
Location: Iceland
Posts: 12
Originally Posted by Bittair3000 View Post
Skúli Mogensen, once the CEO of the failed WOW Air airline, is now seeking investors in order to start a new airline, tentatively called NewCo.

Fréttablaðið was first to report on the matter, their source material being an investment proposal dated yesterday. While WOW Air went bankrupt just a week ago, Skúli is already looking for up to 40 million USD in investment cash to get his new company off the ground.
The company, tentatively called NewCo, is planned to be a budget airline, much like WOW Air was. Apart from Skúli, other key executives from WOW are also a part of the project.
https://grapevine.is/news/2019/04/04...t-new-airline/
You really can't make this s**t up!

Sorry, Í don’t quite get it: your point is...skuli is á reliable and trust worthy entrepreanur?

below is the email sent by his Staff 5 hours before declaring bankruptcy with all the termination letters signed by the Estate curator already in the póst and the aircrats seized on ground...


”Dear coworkers
WOW air is in the final stages of finalizing equity raise with a group of investors. All flights have been postponed until documentation with all parties involved have been finalized. Further information will be given at 9 am. “


28 mar 2019 0316



cheating liars....





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