hvusslax wrote:Dieuwer wrote:Why WOW and not IcelandAir? Is IcelandAir fizzling out??
Icelandair has been showing impressive growth as well although they get much less media attention than those flashy purple planes. As a publicly traded company, Icelandair is also a lot more transparent with their financials than WOW and they are doing just fine. WOW is in a much riskier position and more likely to "fizzle out" if there is a oil price spike or an economic slowdown in their key markets, although I hope for the best for both carriers.
Concur with everything in this analysis. To add, FI is generally the more conservative airline in its decisions, both regarding fleet additions and new destinations. FI is in a very strong position financially while the cash flow of WOW is very murky. Nevertheless, I absolutely love all the cheap options and activity from KEF and wish both airlines the very best!