Wow Air has stopped all operations, interrupted all its flights and left thousands of passengers.
In the early hours of Thursday morning, the Icelandic airline said it had stopped all aircraft while an agreement was reached with a group of investors to raise new funds.
But the airline that banned Europe and North America via Reykjavik with British flights serving London Gatwick, London Stansted and Edinburgh later canceled that it had "ceased operations".
The company stated in a statement: "Passengers are advised to check available flights with other airlines.
" Some airlines may offer flights at a reduced rate, so-called rescue rates, taking into account the circumstances. "
It is added:" Passengers must also be entitled to compensation from Wow Air, including in accordance with European law on air carriers' rights.
"In the event of bankruptcy, claims must be submitted to the administrator / liquidator." [1