Iceland’s Wow Air Shuts Down After Failing to Raise New Cash
Skúli Mogensen, the founder and CEO of WOW air. (Source: Wow air website)

Iceland’s Wow Air Shuts Down After Failing to Raise New Cash

(Bloomberg) -- Wow Air Hf has gone out of business, stranding thousands of passengers and creating potentially huge risks for Iceland’s tiny economy and its growing reliance on tourism.
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