Icelandair is now working on a plan to assist WOW air passengers to return to their homes. The work is expected to be completed in the next couple of hours.
It is believed that anywhere between 2700 and 4000 passengers are stranded in total. The government’s contingency plan was put into action last night. Part of it involves contacting airlines Icelandair and EasyJet.
The International Air Transport Association has a contingency plan to assist travellers when aircraft carriers are in trouble. Other aircraft carriers can offer passengers so-called rescue fares to assist travellers to reach their destinations. Those passengers who booked their flights with credit cards should in most cases get their money back.
Hungarian airline Wizz Air has also announced it will assist passengers with the rescue fares.
Icelandair stock has risen rapidly today in the Icelandic stock exchange, to the tune of almost 22%.
Below is Icelandair’s statement:
Announcement regarding WOW air
Icelandair is aware of the situation following the news of the bankruptcy of WOW air. We are currently working on a plan in order to assist stranded passengers in need of assistance to return home. It is expected to be ready in the next couple of hours.