Wow Air's financial situation - like that ofother long-haul low-cost carriers - did not augur well for several weeks. Visit 28 MarchBut the knife finally fell: Icelandic airline ceases operations. The company's website now displays a message entitled "Travel Alertsimply stating: " WOW AIR ceases operations - WOW AIR has ceased operations. All WOW AIR flights have been cancelled" . The company then distils some advice for travellers who have already bought a ticket, mentioning in particular the " reduced rates, known as rescue rates" which could eventually be offered by other carriers.
