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Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sat May 09, 2020 7:00 am
by PANAMsterdam
Arion640 wrote:
kyrone wrote:
avtcle wrote:
New WOW Air website is up: https://wowair.com


I’m left with more questions than answers...


Apparently we’re getting a Wow russia.


Ladies and Gentlemen, I give you: AerWOWflot!

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sat May 09, 2020 7:11 am
by Iluvtofly
I can't even imagine being stupid enough to put down a single $ on a ticket for this one .....

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sat Jun 06, 2020 6:46 pm
by Ishrion
WOW Air launches cargo ops...

June 5, 2020

WOW Worldwide Cargo Hub Launches operations in Martinsburg , West Virginia [MRB]

WOW carGO is proud to announce the commencement of worldwide cargo operations from its US base in the capital region on the East Coast at Martinsburg. West Virginia. The facility is 100 000 SF of hangar and warehouse with 25 000 SF of administrative offices for global dispatch operations.

IATA: MRB ICAO: KMRB FAA LID: MRB


https://www.facebook.com/wowiceland/

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sat Jun 06, 2020 6:57 pm
by NWADTWE16
well, when i look at that facility in the middle of nowhere i definetely say WOW! There is no other info, so what in the world is going on? Maybe its for laundering

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sun Jun 07, 2020 6:04 pm
by klm617
NWADTWE16 wrote:
well, when i look at that facility in the middle of nowhere i definetely say WOW! There is no other info, so what in the world is going on? Maybe its for laundering


As much as I would have liked WOW Air to be reincarnated I have to wonder what this is a front for. So far we have a café and a freight warehouse certainly not indicative of an airlines that is trying to get back in the air but of someone grasping at straws trying to keep a brand relevant. I think PLAY has a better chance of success but it's a bit iffy as well being there is o real plan to move forward towards starting operations. Time will tell but the environment is good for a low cost TATL start up as those who are most willing to chance overseas travel are young people that need decent airfares to make their dreams a reality. Not to mention that all the majors international route structures are very vulnerable at the moment.

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sun Jun 07, 2020 7:39 pm
by FGITD
Great to see they didn’t forget the step that seemingly every pax oriented low cost carrier does...opening a cargo warehouse in the middle of nowhere, in a different country. I've always thought Frontier would do better if only they had a warehouse in Poland.

None of this adds up to WOW being an airline again. Even the massive cargo carriers don't set up warehouses 60+ miles from the nearest major airport. This all seems like WOW preparing to become a freight forwarder, or a trucking operation. Even looking beyond all this, I've found that most successful airlines tend to own, or at least lease, an airplane or two.

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Sun Jun 07, 2020 9:43 pm
by sunking737
So basically WOW is a paper airline with no planes, trying to be a real airline again??

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Mon Jun 08, 2020 12:40 am
by caaardiff
Has Jason Unsworth finally given up on Jet Airways and this is his new pipe dream adventure?

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Thu Sep 17, 2020 8:12 pm
by kyrone
Interesting development:

https://www.visir.is/g/20202013487d/skr ... icelandair

In English:

A spokeswoman for businesswoman Michele Roosevelt Edwards Ballarin, says she has made a binding offer in Icelandair's share offering. According to sources in the news agency, the offer amounts to ISK 7 billion.

Ballarin is no stranger to the Icelandic aviation world, but she aimed to establish an airline in Iceland and eventually bought WOW air from the company's bankruptcy estate.

Ballarin arrived in Iceland on Tuesday on the occasion of Icelandair's share offering, which began yesterday and ended at four o'clock today.

According to sources in the news agency, Ballarin today made an offer of almost forty million US dollars or about seven billion Icelandic kronas. This is half the amount that is being raised through the share offering in addition to the promises from the banks. Ballarin would then be the largest single shareholder, but news agency sources estimate that it hopes to hold a 25% share in Icelandair after the purchase.

"I do not think it is right now that I am confirming a certain number, but she did not come here to have a minor participation, so there is certainly talk of large sums that she is predicting and maybe it has already been pursue, "says Gunnar Steinn Pálsson, a public relations officer who has assisted Ballarin in this country.

It has long been interested in Iceland as a transport hub due to the geographical location of the country and already owns the WOW air brand.

"Now that Icelandair is also in trouble and it has the financial means to take part in solving such a problem, it is natural for it to think about whether it can in some way combine this," says Gunnar Steinn.

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Thu Sep 17, 2020 8:38 pm
by Polot
kyrone wrote:
Interesting development:

https://www.visir.is/g/20202013487d/skr ... icelandair

In English:

A spokeswoman for businesswoman Michele Roosevelt Edwards Ballarin, says she has made a binding offer in Icelandair's share offering. According to sources in the news agency, the offer amounts to ISK 7 billion.

Ballarin is no stranger to the Icelandic aviation world, but she aimed to establish an airline in Iceland and eventually bought WOW air from the company's bankruptcy estate.

Ballarin arrived in Iceland on Tuesday on the occasion of Icelandair's share offering, which began yesterday and ended at four o'clock today.

According to sources in the news agency, Ballarin today made an offer of almost forty million US dollars or about seven billion Icelandic kronas. This is half the amount that is being raised through the share offering in addition to the promises from the banks. Ballarin would then be the largest single shareholder, but news agency sources estimate that it hopes to hold a 25% share in Icelandair after the purchase.

"I do not think it is right now that I am confirming a certain number, but she did not come here to have a minor participation, so there is certainly talk of large sums that she is predicting and maybe it has already been pursue, "says Gunnar Steinn Pálsson, a public relations officer who has assisted Ballarin in this country.

It has long been interested in Iceland as a transport hub due to the geographical location of the country and already owns the WOW air brand.

"Now that Icelandair is also in trouble and it has the financial means to take part in solving such a problem, it is natural for it to think about whether it can in some way combine this," says Gunnar Steinn.

Just to be clear, since I haven’t been following Icelandair during this pandemic and things may have been lost in translation, the US people who bought WOW’s brand (not the former WOW executives trying to start PLAY) are planning/trying to buy into Icelandair?

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Thu Sep 17, 2020 9:06 pm
by kyrone
Just to be clear, since I haven’t been following Icelandair during this pandemic and things may have been lost in translation, the US people who bought WOW’s brand (not the former WOW executives trying to start PLAY) are planning/trying to buy into Icelandair?[/quote]

That’s right. Apparently she is trying to buy roughly a quarter of the company (Icelandair) with the idea to somehow blend the brands together.

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Thu Sep 17, 2020 9:31 pm
by davidjohnson6
Can somebody explain the value in the WOW assets that she has bought ? WOW went bust 18 months ago, so I'm struggling to see the value in the WOW brand compared to Icelandair

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Thu Sep 17, 2020 9:45 pm
by klm617
davidjohnson6 wrote:
Can somebody explain the value in the WOW assets that she has bought ? WOW went bust 18 months ago, so I'm struggling to see the value in the WOW brand compared to Icelandair


WOW Air is a pretty recognizable brand and that alone has value.

Re: WOW Air Ongoing Developments Discussion Thread

Posted: Fri Sep 18, 2020 9:40 am
by hvusslax
The latest development is this weird story is that Ballarin's offer for Icelandair shares was rejected, supposedly on the grounds of doubt about her ability to finance the purchase.