WOW Air is no more. After multiple failed attempts to secure additional funding to continue operations the Icelandic LCC formally ceased operations Thursday morning.
TATL
Indigo walks from WOW Air
How many chances does WOW Air get to survive? Indigo Partners walked away this week, leaving significant uncertainty over the future of the carrier. Further clarity is expected by Monday.
Lounge access, booze and crew bases: Cuts galore at Norwegian
Cost-cutting at Norwegian kicked in to high gear this month. The carrier is trimming expenses in several areas as it seeks to shore up its books. The cuts affect passengers and crew alike, demonstrating just how critical and broad the efforts are. The carrier hopes that the moves will improve profitability and reduce the cost […]
JetBlue’s A321LR plans: Coming soon(ish)!
When will we finally know JetBlue’s plans with respect to long-haul flying? Soon! Company CEO Robin Hayes recently informed employees of a New Years’ resolution for the company: A decision on the A321LR in 2019.
Bonds remain a sticking point for WOW’s future
Can $75 million in loans and direct investment save WOW Air? That’s the amount Indigo Partners appears set to invest, with a lot of strings attached. Interim cuts might keep the carrier alive while it waits to learn of its future.
Air Italy faces opposition to new US routes
Is it a legitimate expansion of flights for an Italian airline or simply a ruse, a loophole for evading a nonbinding pledge to curtail growth? Air Italy faces new challenges as the Italian* carrier aims to expand US services.
United revamps Basic Economy in Transatlantic market
Just six months ago United Airlines introduced a not-quite-Basic Economy fare option for transatlantic travels. Next week the company will complete the transition, formally rebranding the offering as Basic Economy. NOt surprisingly, the new version is even more restrictive than before.
JetBlue pushes TATL further away, teases “Junior Mint” cabin
JetBlue spent the past several years teasing the idea of transatlantic flying. The company believes its Mint business class service could clean up in a market that sees high fares and relatively limited competition. Alas, it remains a dream in many ways. The market was reminded this morning at an investor briefing that such a “distraction” is not welcome at this time.
Primera halts operations effective immediately
Primera Air’s Transatlantic LCC efforts sank the company. Small but stable in delivering European charter services, the carrier sought something more. It wanted the grandeur of being a transatlantic operator. Instead it is closing up shop tonight.
Alitalia is out, Virgin Atlantic is in: TATL JV changes proposed
Alitalia’s struggles continue. The carrier still needs a fresh infusion of cash to pay off the bridge loan from the Italian government and some sort of long-term plan. And, for the latter, Alitalia will soon find itself forced to be more independent than it is today. Ouch.