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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: 3, Insightful) by sjames on Monday April 01 2019, @02:20AM
Much older rule, don't leave people stranded. I'm not talking about bankruptcy law, I'm talking about common decency. They can't have NOT known they were going bankrupt when they took people's money and flew them a thousand miles from home with the (empty) promise of a return flight. The people who were stranded accepted their offer in good faith even though the offer was made in bad faith.
They could have made alternate arrangements to get their passengers home BEFORE they signed the bankruptcy papers. They could at least have refunded the tickets, then signed the papers.