WOW Air returns next month after bankruptcy!

WOW Air, the Icelandic budget airline that went bankrupt in March, is reportedly set to resume flight operations as soon as October 2019. The airline’s first scheduled air route will be between Reykjavík and Washington D.C. This was confirmed by Michele Ballarin, the chairman of the American aviation company USAerospace Associates.

Michele said the airline will start flights from Keflavik Airport in Reykjavik to Washington Dulles International Airport in the US from October – however, an exact date hasn’t been set yet. The airline will have just two planes, which will rise to four by next summer. Eventually, Wow Air will have ten to 12 in the future.

She gave no financial details of the buyout, but USAerospace said that it had earmarked $85 million to help with WOW’s cash flow.

Ballarin will become the chairman of WOW Air LLC, and the main base of the airline will be at Washington Dulles airport along with facilities at Keflavík airport and an office located in Reykjavík.

She additionally said that air cargo will become an important part of the operation of the new airline. „We also want to focus on building a strong air cargo capability between Keflavík and Washington. We look forward to bringing some unique opportunities here for commerce,“ said Ballarin.