About three months after Icelandic ultra-LCC WOW Air ceased operations, two former managers of the airline and an investment fund plan to establish a new LCC in the country, according to news reports. Under the working name WAB—for “We Are Back”—the new airline will be established on the foundations of defunct WOW by Arnar Már Magnússon and Sveinn Ingi Steinþórsson, as well as Irish investment fund Avianta Capital, according to reports ...

Subscribe to Access this Entire Article

"Reports: Former WOW managers, investment fund plan new Icelandic LCC" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.