Icelandic Airline Wow Air Collapses and Cancels all Flights:
Iceland's low cost carrier Wow Air has canceled all flights and told passengers to book with other airlines.
Its website has a travel alert that begins: "Wow Air has ceased operation. All Wow Air flights have been canceled."
The alert said people who wanted to travel should now look for "so-called rescue fares" which may now be offered by rival airlines.
Wow added that those who made bookings by credit card or via a European travel agent should try to get their money back through those businesses. It said some passengers may be entitled to compensation from the airline itself.
[...] The company's model was to entice passengers with ultra-low prices before slapping on extra charges for seat selection, baggage, leg room and expensive refreshments. A typical base fare for a Wow flight from the U.S. to Europe could come in at less than $200.
A fall in tourist visits to Iceland and rising fuel costs had been cited as headwinds to profitability.
The airline had also suffered poor customer reviews and was particularly criticized over recurring delays.
You don't always get what you pay for, but you generally do not get what you do not pay for.
(Score: 1) by pTamok on Sunday March 31 2019, @08:38AM
Thanks for the clarification and description of FAA practice.
For those interested here are a couple of articles: one on ICAO practice from Aviation stackExchange:
Aviation StackExchange: What are the ICAO fuel reserve requirements? [stackexchange.com]
and one from Skybrary:
Skybrary: Fuel - Regulations [skybrary.aero]
The latter references EASA SIB 2018-08 [skybrary.aero] which details and clarifies the specific phraseology that should be used when a pilot informs Air Traffic Control of a lack of fuel:
MINIMUM FUEL - you will land with less than the final reserve
MAYDAY MAYDAY MAYDAY FUEL - the pilot believes that the lack of fuel is an emergency situation.