Is it time to start getting excited about a travel rebound? It appears the market finally hit rock bottom so everything that happens is good news, though maybe not too much of it too quickly.
WizzAir
Wizz Air plans Abu Dhabi expansion
Abu Dhabi is suddenly a hot market for low cost carriers. Wizz Air is the latest player, announcing plans to establish a Middle East-based outpost of its operations in the UAE captial. It expects to launch service in the second half of 2020.
WOW Air halts operations; all flights canceled
WOW Air is no more. After multiple failed attempts to secure additional funding to continue operations the Icelandic LCC formally ceased operations Thursday morning.
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.
LEVEL to launch short-haul operations at Vienna next month
Starting an airline is a long, complicated process. It takes months or even years to pull off. Or maybe you just whip something together in a few weeks and join the LCC fray in Europe. Welcome LEVEL short-haul to the party.