- Icelandic ultra-low-cost carrier Wow Air ceased operations on Thursday.
- The seven-year-old airline shut down operations after failing to secure a fresh round of investment from Icelandair and private equity firm Indigo Partners.
- Wow Air is the third European airline to go out of business this year after Germania and British Midland Regional shut down in February.
- Here’s a list of 23 airlines that went bust over the past couple of decades.
Icelandic ultra-low-cost carrier Wow Air ceased operations on Thursday. The seven-year-old airline shut down operations after failing to secure a fresh round of investment from Icelandair read more >>>
Source : BusinessInsider.Com