WOW air gone - Icelandair buys 'em
#11
There was an SNL skit years ago. It was an advertisement for a change bank. All they did was make change. They didn’t take a cut or charge anything...someone off camera asked how they make money....volume, they said. It was funny. If I knew how to attach YouTube clips, I’d search and see if I could find it.
#12
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#13
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https://www.cnbc.com/2018/11/29/icel...e-wow-air.html
Source: WOW Airlines
Icelandair Group on Thursday scrapped a plan to acquire its Icelandic rival WOW Air, calling into question the next steps for the struggling budget carrier.
Icelandair said the conditions for the share purchase were "unlikely" to be filled by the company's shareholder meeting, slated for Friday.
"This conclusion is certainly disappointing," Bogi Nils Bogason, Icelandair Group's interim president and CEO, said in a statement. "We want to thank WOW Air's management for a good cooperation in the project during recent weeks. All our best wishes go out to the owners and staff of the WOW Air."
Icelandair Group on Thursday scrapped a plan to acquire its Icelandic rival WOW Air, calling into question the next steps for the struggling budget carrier.
Icelandair said the conditions for the share purchase were "unlikely" to be filled by the company's shareholder meeting, slated for Friday.
"This conclusion is certainly disappointing," Bogi Nils Bogason, Icelandair Group's interim president and CEO, said in a statement. "We want to thank WOW Air's management for a good cooperation in the project during recent weeks. All our best wishes go out to the owners and staff of the WOW Air."
#14
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#16
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#17
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Had a buddy about to leave his current airline in Europe to go there on the a330. What a disaster.
#18
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Please cite your reference for 5 years' worth of cash reserves; I need a good laugh.
#19
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I see FlowPayFO's logged on quite a bit but not responded to my post. I'd like to know where he came up with this outlandish idea that Icelandair had 5 years' cash reserves, as that's clearly not the case.
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