Category Archives: Wow Air

Icelandair Group acquires Wow Air

Wow Air Airbus A330-343 EC-MIN (msn 1607) LAX (Ron Monroe). Image: 944276.

Icelandair Group has made this announcement:

Icelandair Group has entered into a share purchase agreement to purchase all shares in the airline WOW air.

The acquisition is subject to, approval by Icelandair Group‘s shareholders, the approval of the Icelandic competition authorities and a due diligence. As consideration for the shares, the shareholders of WOW air will, subject to conditions, receive a total of 272.341.867 shares or the equivalent of 5.4% of Icelandair Group‘s shares after the transaction. Thereof, 178.066.520 shares or 3.5% of the shares as consideration for the sold shares. The consideration can increase to 4.8% or decrease to 0.0% in accordance with certain conditions set forth in the share purchase agreement.  94.275.347 shares or 1.8% of the shares will be paid due to conversion of a subordinated loan into equity. All of sellers’ shares in Icelandair Group will be subject to restrictive covenants for 6 months and half of the shares will be subject to restrictive covenants to further six months.

The companies will continue to operate under separate brands. Their combined market share on the transatlantic market is around 3.8%. The acquisition creates opportunity for both companies to become even better prepared to provide international carriers with strong competition in the international airline market.

Bogi Nils Bogason, Interim President & CEO, Icelandair Group: „WOW air has in recent years built a strong brand and enjoyed great success in the company‘s markets to and from Iceland and across the Atlantic.. There are many opportunities for synergies with the two companies but they will continue to operate under their own brands and operating approvals. The tourism industry is one of the cornerstones of the Icelandic economy and it is important that flights to and from Iceland will remain frequent.“

Skúli Mogensen, CEO and founder of WOW air: „I am very proud of the success and development that we at WOW Air have enjoyed in the past few years and I am thankful for the response we have received since our very first flight. We have created a strong team that has reached remarkable success and has been a pioneer in low cost flights across the North-Atlantic. A new chapter now starts where WOW air gets an opportunity to grow and prosper with a strong backer like Icelandair Group that will strengthen the foundations of the company and strengthen its international competitiveness even further.“

In the upcoming days, Icelandair Group‘s will convene a shareholders‘ meeting where Icelandair Group‘s shareholders will cast their vote on the acquisition. A shareholders’ meeting shall be convened with at least three weeks‘ notice.

Top Copyright Photo (all others by the airlines): Wow Air Airbus A330-343 EC-MIN (msn 1607) LAX (Ron Monroe). Image: 944276.

Wow Air aircraft slide show:

Icelandair route map:

Wow Air route map:

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Wow Air chooses Vancouver as its next Canadian destination

First A321neo, delivered on June 21, 2017

Wow Air is expanding its Canadian services by opening a new route in Vancouver.

Starting in June 2019, there will be six weekly flights out of Vancouver International Airport (YVR).

Vancouver’s scenic skyline and seawall (CNW Group/WOW air)

The new route will be operated with Airbus A321neo aircraft.

Top Copyright Photo (all others by Wow Air): Wow Air Airbus A321-253N WL TF-SKY (msn 7694) YYZ (TMK Photography). Image: 938921.

Wow Air aircraft slide show:

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Wow Air to drop three U.S. cities

Wow Air Airbus A321-211 WL TF-PRO (msn 7680) AMS (Ton Jochems). Image: 943953.

Wow Air is adjusting its U.S. routes. Due to disappointing results, the Icelandic airline will drop St. Louis on January 7, 2019.

The company will also not renew flights to Cleveland and Cincinnati next summer when it ends flights on October 27.

Top Copyright Photo (all others by Wow Air): Wow Air Airbus A321-211 WL TF-PRO (msn 7680) AMS (Ton Jochems). Image: 943953.

Wow Air aircraft slide show:

Route Map:

Wow Air adds new seasonal service to Orlando

Wow Air Airbus A321-253N WL TF-SKY (msn 7694) LGW (Antony J. Best). Image: 942606.

Wow Air continues to extend its North American growth by announcing a new route from Orlando International Airport (MCO) to Keflavik International Airport (KEF). The inaugural flight will take-off before the end of the year on December 18, 2018.

Orlando is the airline’s 14 U.S. destination and service from MCO will be offered seasonally from December through the end of April, three days a week.

To celebrate the launch of the new route, WOW air is offering $99 one-way fares from Orlando to Iceland (KEF) and $149 one-way fares from Orlando to London (LGW), Frankfurt (FRA), Edinburgh (EDI), Dublin (DUB), Paris (CDG), Copenhagen (CPH), Stockholm (ARN), Brussels (BRU), Berlin (SFX) and Amsterdam (AMS). Travelers looking to travel beyond Europe can purchase $399 one-way flights to New Delhi (DEL) from Orlando. The special fares will be available for travel between January and March 2019 when booking a round-trip ticket.

Copyright Photo (all others by Wow Air): Wow Air Airbus A321-253N WL TF-SKY (msn 7694) LGW (Antony J. Best). Image: 942606.

Wow Air aircraft slide show:

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WOW Air to start service to New Delhi, India in December

Wow Air Airbus A330-343 TF-WOW (msn 1624) LAX (Michael B. Ing). Image: 943329.

Wow Air will launch its much anticipated flight service from the U.S. to Indira Gandhi International Airport (DEL) in New Delhi, India via Iceland beginning on December 5, 2018.

To celebrate, Wow Air is offering one-way tickets to the Indian capital for $199*.

The one-way $199* sale price tickets to DEL will be available from Boston (BOS), Washington D.C./Baltimore  (BWI), New York (EWR), Chicago (ORD), Detroit (DTW), Los Angeles (LAX), and San Francisco (SFO) via Iceland (KEF).

At the end of 2018, the airline will offer service to New Delhi from Boston (BOS), Chicago (ORD), Detroit (DTW), New York (EWR), Los Angeles (LAX), Pittsburgh (PIT), San Francisco (SFO), St. Louis (STL), and Washington D.C./Baltimore (BWI).

Wow Air will use brand new Airbus A330neo aircrafts on the Delhi route, which are outfitted with WOW premium seats offering at least 37 inches of legroom.

Top Copyright Photo (all others by Wow Air): Wow Air Airbus A330-343 TF-WOW (msn 1624) LAX (Michael B. Ing). Image: 943329.

Wow Air aircraft slide show:

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Wow Air to launch new routes from the USA to India via Iceland

Wow Air Airbus A330-343 TF-LUV (msn 1607)  AMS (Ton Jochems). Image: 941069.

Wow Air announced it will launch new connecting routes from the U.S. to Indira Gandhi International Airport (DEL) in Delhi, India via Iceland. The routes will provide millions of Americans in nine major cities across the country affordable access to the bustling Indian metropolis. The Delhi route will launch on December 5, 2018.

WOW air flight attendant visits the Taj Mahal—, one of the seven wonders of the world—located just a short distance from Delhi. (CNW Group/WOW air)

Service to DEL will be available from Newark Liberty International Airport (EWR), Boston Logan International Airport (BOS), Baltimore/Washington International Airport (BWI), Chicago O’Hare International Airport (ORD), Pittsburgh International Airport (PIT), Detroit Metropolitan Airport (DTW), San Francisco International Airport (SFO), Los Angeles International Airport (LAX) and St. Louis Lambert International Airport (STL).

WOW air will use its brand new Airbus A330neo aircraft on the Delhi route with its new Wow Premium seats.

* From Boston (BOS), New York (EWR), Washington D.C. (BWI), Chicago (ORD), Pittsburgh (PIT), Detroit (DTW), San Francisco (SFO), Los Angeles (LAX) and St. Louis(STL) to Dehli (DEL) via Iceland.

Top Copyright Photo (all others by Wow Air): Wow Air Airbus A330-343 TF-LUV (msn 1607) AMS (Ton Jochems). Image: 941069.

Wow Air aircraft slide show:

Video:

Three New Flights, Two New Airlines, One New Cool Destination for DFW Airport Customers

Iceland has become a new destination from DFW. Instead of one airline, the new destination will be served by three airlines this summer:

DFW made this announcement:

Customers at Dallas-Fort Worth International (DFW) Airport have three new, nonstop flights to Icelandjust in time for the peak summer travel season. Two Icelandic-based airlines, Wow air and Icelandair, will begin flying from DFW to Reykjavík–Keflavík (KEF) International Airport in late May, and American Airlines will launch its KEF flight in early June.

Iceland is an increasingly popular tourist destination and has become a convenient stopover for travelers connecting to Europe. Between the two Icelandic carriers, DFW customers will have access to 39 destinations in Europe and the Middle East. American Airlines connects travelers to Iceland through its largest hub.

New Iceland services schedule

  • Wow air
    Begins May 24, 2018
    Departs DFW at 4:10 p.m. (CDT)
    Arrives KEF at 4:45 a.m. (GMT)
    Aircraft: Airbus A330
    Seats: 350
    Service: Seasonal (summer); three times per week
    Operates from DFW Tuesdays, Thursdays and Saturdays
  • Icelandair
    Begins May 31, 2018
    Departs DFW at 4:20 p.m. (CDT)
    Arrives KEF at 5:10 a.m. (GMT)
    Aircraft: Boeing 757-200
    Seats: 183
    Service: Year-round; four times per week
    Operates from DFW on Mondays, Tuesdays, Thursdays and Saturdays
  • American Airlines
    Begins June 7, 2018
    Departs DFW at 8:20 p.m. (CDT)
    Arrives KEF at 9:15 a.m. (GMT)
    Aircraft: Boeing 757-200
    Seats: 176
    Service: Seasonal (summer); daily
    Operates from DFW seven days per week