The collapse of WOW Air, the discount airline, has damaged the country’s tourism industry, which had lifted it from the wreckage of the 2008 financial crisis. Source: NYT > Business – Peter S. Goodman and Liz Alderman
Wow, an Icelandic Budget Airline, Suspends Service
Efforts to raise money had failed, prompting the company to cease all flights on Thursday morning. Source: NYT > Business – AMIE TSANG