Bankrupt - WOW Air
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- Опубликовано: 16 май 2019
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New on the budget airline scene was a young company, flying competitive routes from Europe and The United States to Iceland. Their crazy pricing structure won over many new customers, yet came at a cost... one that eventually took down the entire company, stranding thousands of passengers in just mere minutes. This is WOW Air.
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Other Cool WOW Air videos:
Awful Passenger Experiences - • WOW! air: DO NOT FLY
Stranded Passanger interviews - • Budget airline WOW Air...
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Развлечения
How to become a millionaire:
1. Start with being a billionaire.
2. Start an airline.
ApertureChromaKey then go bacc to poor
gay
@@user-mr6jq4qm6g are you indeed? Thank you for sharing with the group.
*Except if you are in the Asian market because of consistent demand throughout the year ;)
trump
Imagine the horror. Being on holiday and your airline goes belly up as you're about to go home.
Joshua Ayres I flew WOW and literally two days later they closed down. My family and I got really lucky
Especially if you now have to choose Iceland Air and pay $300 to replace the $100 flight that was cancelled.
It's happened to me before. Sabena Airlines in 2001, I was stranded in Europe but luckily was able to book another return flight home.
@@mychemicalbromance97 I had to pay 1300 to replace a 750 flight...
Icelandair offered reduced prices to stranded passengers who could prove a wow air ticket
At least they didnt kick the passengers out at 25,000 feet.
Can you imagine?
@xXAlex AnderXx ... I do
Sorry but its 35000 ft lol
This only happened in Argentina over the Rio de la Plata, to state enemies.
PickelJars ForHillary - Insert Harrison Ford meme here...
Get of my plane!!!
2:30 - There's a tiny smile on the plane. xD It's kinda cute.
If you look, it's supposed to represent their trademark of a face with a smile and sunglasses lol.
L.A.I I’m right 🙂
Ikr
IKR
Da Missing Ball when you have no one to agree with you XD
This was the Michael Scott Paper Company of Icelandic airline companies.
yes!!!!!!!!!!!!!
Konner Dent well at least the Michael Scott Paper Company knew when to quit and sold it before everything completely collapsed
Omg I was just watching that episode and I thought so too
Dude I thought I was the only one thinking that
LoL that's what I was thinking at the end... "Maybe the Michael Scott Paper Company was a huge mistake. I should leave. I should go, and start my own paper company. That'll show 'em."
If that CEO wants to avoid the bad PR of the stranded passengers, he should just have all the planes fly upside down and rebrand as MOM air.
The Darksider best comment I’ve seen today XD
MOM came to pick me up
Futurama rebranding
One of the planes was TF-MOM, but the Russian lessor sold the frame and 3 others to Air Canada before WOW went bankrupt.
Yeah, and land them upside down...
Still: one of the best paint jobs of all airlines!
It kioks whoreable!
Elitedevil Gay?
*_It’s a fucking airline livery_*
Looks like a big Prilosec pill
@Elitedevil I mean they had a plane with the license: TF-GAY
And by paint only you can tell how stupid this business was. It is much more costly to paint other than white on planes.
Fun fact, the ex airline “WOW Air” has now rebranded and named itself as “PLAY” and the new PLAY Air has a similar structure to the Ex- WOW Air and this is the rise of WOW Air again but under a different name.
Takeoff Aviation I thought it was now a cargo airline?
You are wrong. It's a new company and has nothing to do with WOW air.
Beggi Dan Well technically you’re correct but it was started by 2 WOW Air Executives
@@takeoffaviation7461True. But actually WOW air is being resurrected by an investor called Michele Roosevelt Edwards. Play has nothing to do with WOW except they share some of the same resources. WOW is not being rebranded and by the looks of things, Play will probably never take off due to lack of interest from investors.
Also one of their A330neo ended up operated by Citilink (even it was delivered in WOW livery)
Imagine being ready to board your flight home and you hear "Attention passengers of WOW Air Flight 123 to Boston, WOW Air has just now declared bankruptcy. You're on your own. Have a great day!"
All you'd think to say is:
WOW.
They've come full circle.
Bankruptcy while on air *plane proceeds to decent and land in the sea*
As the pilot and copilot leave the plane
Icelandair ended up flying the crews back home. As for the cabin crew...they returned to their prior fields.
Love the “Soul Plane” look! Maybe Snoop should’ve been their pilot.
3:42 What’s cooler than being cool? ICE COLD
Alright Alright alright alright
Hi Supreme Leader
HEEEEEEEEEYYYYYYYY YAAAAAAAAA
Wait how was this posted 1 week ago when it came out today?
Nox_lp maybe it was unlisted? Not sure.
~500 MM in revenue and ~30 MM in losses?
That's pretty good for a startup.
A 10% increase in price would make them profitable.
Rather than cutting operations costs they should have raised prices.
Especially when most of your competition (Icelandair) flights were like double the price, they had room to increase price.
Depends on how much of the overall revenue was made from the non-Iceland flights at the end of WOW's lifetime. Other markets are way more competitive. Raising prices there could have made a huge impact on the number of sold tickets.
"I only need 40 million dollars"
That's like the budget of medium-scale hollywood blockbuster. We could have actually done away with a few of those in exchange for saving a good airline
I recently heard they are re-launching under the name PLAY airlines.
That can easily be crowdsourced. Give every donor who donates over a certain amount a membership card good for perks.
That dude could have made a very successful airline if he wouldn't have tried so hard to expand. If he would have just kept 1 plane he would have been fine
We could have saved WOW, and avoided that Doolittle movie
One word. Cats. Why the hell anyone gave that a dime I will never know.
Company: Goes Bankrupt
BSF: its show time
Lämp lol 🤣🤣🤣
Wow air not stonks 〽️
BSF STONKS ⬆️
$250 round trip from Dallas to Iceland. Best trip I've ever took. Totally worth it.
Charles Mattingly
I had a very good experience myself with them.
I took the same trip. The flights weren’t that great but what can you expect for 250. Other than that it was amazing
Used Wow to get from Detroit to India, round trip for $750 during Christmas time. Shitty flights but less than half the cost of any other economy-class trip. No wonder they went bankrupt.
UrbanFLiNCH 2 Well, if you flown on Cubana on their IL-96 for the same price you get IFE and a full meal.... But of course, most westerners think anything that doesn’t have a US flag slapped on its side is the closest to fornicating with satan himself.....
Totally worth it for you but not for the airline, I don’t know how they thought they were gonna be able to sustain a business with stupid low prices. The ticket prices could’ve been higher and still be competitive with other airlines.
I seriously miss the connection from St. Louis to Reykjavik. Seeing a bright purple plane servicing an international route was a thing of beauty when you consider the rest of the terminal was domestic Southwest flights.
The purple WOW Airbus A321 just looks stunning, I wish I got to ride in one of those.
I guess you could say it's MOM airlines now that the company has gone belly up
Ba Dum Tisss
Very witty :)
Well played. XD
😂😂 if you look at 5:30, you can see the aircraft’s registration: *TF-MOM*
"We are going bankrupt and stranding you here without notice."
"But Moooooooom!"
"Think Small, Act Small, You'll get bigger." "Think Big, Act Big, You'll get smaller."- Here Kelleher, Founder and Former CEO, Southwest Airlines.
WOW Thought Big
WOW Acted Big
And look what happened.
That is also a mexican saying u dont need a lot of brain to realize that
10:19 they even owned a plane called "TF-MOM" xD
I was looking at those! TF-MOM, TF-BRO, TF-SON, TF-KID and TF-WOW were ones I spotted in this video
@@RetroAdz I'm speechless. Wow.
You forgot to mention transit flights through Iceland, that was a big part of their business model.
And it's awesome on the consumer side too! If you are going to Europe and don't travel often, for just a small amount more spent on your overall trip, you can spend a few days in Iceland before going to Europe. If I remember correctly you save money on the plane tickets overall. Either way, that's what I'm planning on doing if/when I go to Europe. Hopefully the new company Play airlines is nearly as cheap and otherwise relatively the same. It's already kinda worse with the name and color. I like WOW in pink over PLAY in red.
I took a WOW flight from Iceland to Denmark, I was seated at an emergency exit and had the opportunity to talk to a flight-attendant that was stationed at the door. He was a nice guy, talked about how he was a native to Iceland and was happy to have the opportunity to leave his home soil. Goes to show that you meet the greatest people in the most unexpected places.
“WOW...... I can’t believe they just cancelled my flight!”
Horrible pun
50th like!
WCS II Yoy banano
@@kbs1212 Wow!, I can't believe they resurrected that airline with an Albatross of a name.
Shit joke
I was flying with them a dozen times or more. Always my favorite airline. Actually stranded in Iceland the week they went bankrupt and had to cancel my flight over to the U.S. Took Icelandair to get back to Europe. Shame they are out of business. They should have raised the ticket prizes by 10-20% though.
I use to work on their planes as cabin service , cleaning them between flights. Absolutely wonderful pilots and staff. They were so kind and friendly.
Air Koryo is rated one star but reality is we’re actually the best airline in the world. Also, Iceland is beautiful and was the home of Robbie Rotten. He was a great member of Lazy Town, my favorite evil leader
He is Number One
I appreciate your admiration for Iceland, but I feel a bit queasy from this software gore. How did this comment come a week before the video was uploaded?
@@ana.alliterative Like in sex, Kim comes early.
@@ana.alliterative One word, Patreon
Lacks A Daisickle bro.... I just saw that haha
They could have been ok...if they hadn't expanded as fast as they did. Shame, really.
I mean, I'd think that they could also expand operations to outside of just Iceland
@@rolland890 I think that was the plan...but they didnt want to play the waiting game. When WOW came to Pittsburgh, they were the only year-round transatlantic non stop for several hundred miles- and when they came here, they had full planes and pulled people from hundreds of miles away. Instead of building on their strong initial numbers, they started adding more service closer to cities that already had WOW and expanded their number of destinations. Too much, too fast.
Sounds familiar... PamAm...
@bob wach Isn't deregulation somewhat the opposite of communism?
i think its indego
This airline had the most beautiful flight attendants I have ever seen. The only way to describe them would be WOW.
Mark my husband said the same thing lol
My daughter and my son´s ex-girlfriend were one of those.
It comes at a price. When my mom first started as flight attendant, she could not wear her glasses, and would be forced out at 30. The rules changed, and I am glad for her and my family that she flew to retirement age and loved it. This was a new airline, but as time went on those hotties would either be forced out, or not be as hot.
The same cannot be said for international flights on a US carrier
A guy that was on my flight said guys from NYC would come there twice a month b/c it was so cheap just to Tinder swipe their way thru women. He said he went on 16 date while there one wknd.
As of now, WOW Air is back! with a route from Iceland to Washington D.C, Welcome back WOW!
WOW!
WOW
WOW
This story really hurts because I really wanted to see WOW Air succeed
naomirhoja
we all did. but the airline industry is a tough market to succeed in even if your a budget airlines
One thing you got wrong there. Though lot of the passengers flying with Iceland/WOW air were tourist coming to Iceland most of the passenger flying them were trans Atlantic passengers. Both Icelandair and WOW use Keflavik as a hub. So passengers come in from the states and Canada in the morning and stop there for couple of hours before continuing to Europe and vice versa.
Great video though.
Yeah the fact that he didn't even mention that makes me doubt his competence on any of the other things he said.
True, but they would still have many of the same problems as not many people take trans-Atlantic vacations from late autumn-early spring. Business travelers always prefer direct flights and are much less likely to care about cost as their employer often pays the bill.
the only bad thing about iceland air was they didn’t sell skyr on the plane. well my mom promised me that she would get me some before we left (cause it’s the greatest thing on earth) and instead of buying some at the airport she said they’d have some on the plane. it’s been almost a year and i’m still mad
Yes, I was going to comment about that. I had to stop in Iceland during a flight from Atlanta to Glasgow
O. Traveler Wow had free stopovers as well. I did one on my way to Paris last September.
When I was on a Thai VietJet Air flight some months ago, it had the WOW air livery. They bought it without changing livery, and the text was still Icelandic.
CEO: Guys, we are gonna fill for bankruptcy
Employees: WOW
I was in Iceland when WOW went bankrupt during a school trip. There were 3 groups there, us, a group from Chicago, and a group from Canada. We chose Icelandair to fly back, while the other two groups chose WOW airlines. But since where were in Iceland when it happened, the two other groups had to scramble to find a way back home since their budgets allowed for WOW. Luckily Icelandair came with discounts for people originally flying with WOW so they weren't stuck for very long. Still very wild though, since WOW was such a recent memory for us.
WOW was such a beautiful airline!! It was so sad seeing them go
Right? That purple colour on their livery really stands out from the rest!
@@hashrulsubzero Exactly! I almost cried when I heard they were ceasing
your spelling, however is not.
@@calzoneyyy your reading is not
I guess you didn't fly with them after 2017. Their customer service was atrocious. The sudden bankruptcy explains why.
Would love to see an episode on Thomas Cook who just went bust in the UK.
I wonder if theres gonna be a Thomas cook episode.
Adam Air episode would be interesting. The airline was infamous for its safety
Yes that’s should be an episode
@@aslamnurfikri7640 did someone say Adam Air? If you want, look at my video about 7 last Adam Air fleet
Wow's Planes were something else. I always remembered driving past O'hair airport and seeing Wow's plane sitting there, made our family consider a flight to Iceland.
We flew to Iceland the same week Wow Air shutdown. Fortunately, we were booked on IcelandAir. It was still eerie to see the vacant Wow Air check-in counters in both New York and Iceland. I feel so bad for all of the employees given the zero notice. I hope you go to Iceland, though... it is an unbelievable country! If you decide to camp there or drive Ring Road, I'm currently putting out a video series about our experience camping around Iceland. Just thought it could help in your planning. :) Another great vid, Jake!
I was on a Sabena flight mid-Atlantic when it went bust back in 2001. All cabin service ceased, we did not get a drink or food after it had been announced and the cabin crew gathered in knot outside the cockpit talking among themselves. The connecting flight almost did not take off as the Brussels airport was being picketed by the Sabena staff. We were very lucky to make it home on the last Sabena flight to Manchester, UK.
Wow I’m so sorry
Great video and video series!
I feel like one thing you kind of missed is the fact a lot of Wow Airs growth was fueled by transporting budget travelers from Europe to the USA with a layover in Reykjavik, however that was only sustainable at their extremely low prices and while they focused on expanding routes and passenger intake while operating on a loss they didn’t realize that people would opt out their penny picking service and Iceland layover for anything but those super low prices
Knowing that the company went bankrupt, but the website is still has airfares for October of 2019 is sad and hilarious.
nerv007
its funny their site is still up and running offering fairs through the end of the year
matt fahringer “fairs”? Sad but hilarious.
I tried to go to the website and it wont let me. It might have been taken down.
nerv007 The airline is coming back. This time it’s called WAB. I’m not kidding.
@@mattfahringer148 wowair.com "End of Operation of WOW AIR Information for WOW AIR passengers WOW AIR has ceased operation and has been declared bankrupt. All WOW AIR flights have been cancelled permanently. How will I reach my destination? Passengers are advised to check available flights with other airlines."
I used WOW air to Iceland in 2015. They were a good bunch of people and because Iceland’s population is so small 3 of the staff were related. Such a shame they have gone now. 😕
Shame they were all in a threesome relationship too
EarnedMyResp3ct 😆 could have been 😁
@@mattus1gig I have no clue why I wrote that
If there is a bright spot, many of their flight attendants were educated in other fields and went back there.
i flew to iceland an frankfurt on wow air last june:o
It was $99 from Toronto to Iceland. One of my best memories that I have. When WOW annouced bankrupt I was on my vacation in Ireland. Luckily, I was able to get refund at that time.
Comparing you now to your Chernobyl video a couple years back
Back then you stuttered, tripped over your own words and whatnot
However now you're fluid, smooth, organized, etc...
Your improvements have not gone unnoticed. Brilliant job, son!
I hope the marketing and design teams (if they worked directly within the company) have gone on to more things because WOW Air has really impressive marketing and branding. It's very modern look in the airline industry makes its competitors feel outdated. It comes across fun and trendy! Definitely a good portfolio piece.
I flew WOW round trip Baltimore to Copenhagen (through Iceland) in 2015..Aside from being nickeled and dimed a bit, it was a great experience.
Never flew on them but I priced an itinerary a few times to mainland Europe via Iceland and even with the seat fees, bag fees, buy on board meals etc it was still often cheaper than a legacy US or European carrier by a sizable margin.
2020 would be the perfect time to restart WOW air.
*DOH!*
yes, 2020 was simply a bad year for everything.
Audible should start their own airline.
DarkZerol ?
Do you mean Amazon?
@@woofplays yeah it should be named AIR-Azon where you buy a ticket so you can buy stuff using amazon and it gets delivered to your home
probably a better investment than all their brand deals with every other youtuber.
I flew on WOW Air, to Reykjavík from Singapore. Way too expensive, but I did it anyways. Flew on Singapore Airlines on the way back because WOW Air just went bankrupt.
Sorry that happened to you
ouch sorry
I assume you ok now ?
how much was the flight from sg to ic
@@pauljiquesin6986 It cost around $175 all together. But, that's just counting the cost of flying there. It was over $890 to get back home.
My family and I were in Iceland in January. When we were looking for a flight, we were tempted by WOW's prices. But we ended up going with IcelandAir because my mom didn't get good vibes about flying on an airline named "WOW." Considering what we know now, that was a good decision. When we saw what happened in March, it hit all of us how close we came to being stranded in Reykjavik airport. We really felt for those poor passengers.
Jake, if you still wanna go to Iceland, I highly recommend going in the winter, during Northern Lights season. It was actually warmer there than it was where we live in New York, although I recommend bundling up because it can get quite windy at times. But it's definitely worth going just to see the Aurora.
And then Icelandair couldn't take advantage because of the worldwide MAX grounding. The difference: aside from the MAX, Icelandair owns almost all of its planes and is also an aircraft lessor.
But here, amazingly, is that WOW air sent the plane on their outbound flights and then went out of business.
5:42 Registration lol.
"TF-BRO"
and then
5:51
"TF-SON"
8:37
'TF-WOW"
Also TF-MOM and LY-COS.
They had some quirky airplane registrations. When they started flying to San Francisco, one of the Airbus A330s they used was registered TF-GAY. I'm not kidding.
@@tomsmith5584 Yea I saw that.
@@tomsmith5584 *WOW*
Tf bro
Sounds like
The fuck bro
Please do Mexicana Avaition next their airplanes are abandoned in almost every airport in Mexico!
Yesss I remember going on mexicana as a child! I also remember hearing when It died out
@@faviolagonzalez2997 when did it die out? Damn, Mexicana Airlines was part of my childhood and early teens. I only remember hearing that they were going to stop service to SFO where I live.
I love the aviation bankrupt ones! It celebrates the airline and the history of it in the aviation industry. Keep up the great work!
this airline went out of business literally like a week after my best friend and i got back from our trip to Ireland, we were SO lucky to not be stranded
When I volunteered in Iceland earlier this year, I walked past the WOW building you show in the video. It was both interesting and somewhat surprising to see it still there.
Doctor: you have 13:12 minutes to live
My phone: “Bright Sun Films has uploaded a new video”
Me:
Stop it. Just stop it. These aren't funny.
Jayfive276 I understand but why
Bones: he's dead Jim
And then youtube throws in two 30 second ads.
@My Phone smartass lol
[in southern accent]
whut kinda ass maam??
Ooh thanks for making this episode!
I travel to France frequently, and you could fly from Washington DC (BWI) to Paris for no more than 450 round trip thanks to WOW. I would go there like once every four months. People would ask how I afford to visit France so much, and this was the reason why. When I heard of the bankruptcy, my heart dropped.
Now the tickets start at like 800 dollars! Gotta cut back now until I actually move there!
Keep us updated
Love your thorough approach to research & storytelling
“WOW Air, we hope you like your new home!”
Crazy I hadn't heard of this. I flew WOW from LA to Iceland to Ireland in 2017
Ireland is a great country
Relatively new viewer here, Jake - - just want to say thank you and how much I have enjoyed watching your videos and to commend you on how professionally done they are. You aren't just another "abandoned explorer" (those are a dime a dozen and very amateur...many seem downright pointless and without any real purpose). I particularly like the fact that you take the time to present the history behind each abandoned subject - it is informative, educational and entertaining, at the same time. It all makes for a very enjoyable viewing experience - granted, some of the stories are a bit sad, but your thorough and polished presentation, from start to finish, provides the back-story and a complete understanding of how these places came to become abandoned. Even your voice provides the perfect narrative touch. I was watching several of your videos with my son last night, and he found them equally riveting. So, all the best to you in your endeavors here - you are doing a fantastic job! Well done! Best wishes - Brad J.
I was introduced to your channel a few days ago and have been binging ever since. I've never heard the words "filed for chapter 11 bankruptcy protection" more in my life. Keep it up!
Will you be looking into Thomas Cook, this left thousands stranded minutes before flights the same as this, it would be really interesting to see your take on what happened with that company
Keep up the good work. I really enjoy your careful researched "bankrupt" or "cancelled" series.
Forget WOW 2.0, he should revive Hooters Air! 😁
I feel like Hooters air could make it big in 2019
Agreed
Trump supporters would love that in the deep south.
@@NicholasLittlejohn why you gotta make it political doe
Nicholas Littlejohn As much as I agree, you have started a shit show in the replies.
I love these series! Excellent job.
May 2019: WOW! Wow Air gone belly up
June 2019:
July 2019:
August 2019:
September 2019:
October 2019:
November 2019: WOW! Wow Air are flying again. Somehow?
2020 200 other airlines go belly up and WOW somehow manages to maintain
So glad my family and I were able to take advantage of this airline in October 2018 before it went under.
Looks at vid that wow is dead
Me: WOW
we flew to iceland last year when wow was still in business,albeit coming to its operational end.a huge hit for iceland,hopefully the new owners/carriers don't make the same strategy mistakes.
I flew WOW from Baltimore to Reykjavik then connected to Frankfurt and then back again two weeks later. $400 round trip, it was insane. Not the most comfortable, but the staff were nice and the plane was clean.
Yea Yea, but those prices though. My God, you could fly for basically 159 dollars across the Atlantic
these airlines take the Walmart approach. Offer dirt cheap products that loose lots of money in the hope that the competition goes bankrupt before you do. I'm willing to bet WOW air never flew a single profitable flight. because if WOW could make a profit, then iceland air could make a profit at the same price and WOW was no closer to its goal of 100% market share.
As an Icelander and avid follower of your channel, interesting documentary. Keep up the good work ;)
These Bankrupt videos are great, very interesting! please keep them coming!
I never heard of this Airline...BEAUTIFUL!
I had *no* idea that WOW Air existed until you uploaded this video yesterday.
EDIT- 10:36 A.M.: *finishes video 15 minutes later*
Judging by what I learned from this video, WOW Air seemed to have been way too ambitious.
Love you and your posts!!! You do your homework and it shows!
Thank you!
It's great that you put your promos at the END of your video. You get paid and if we don't want to watch your ad, SKIP! Thank you. You're awesome!
I remember seeing the planes on the tarmac at Pearson Airport in Toronto.
Great stuff once again Jake - now cover the abandoned fishing villages of Newfoundland!
When I flew back from Toronto to Iceland, the plane had to stop at Newfoundland to refuel.
1:13 really? they couldn't have survived 1 more day? wow. (that is my genuine reaction, and its also a joke)
Well they can't pay the airport for takeoff slots... so yeah...
Shut up nicoAW you sound like a liberal
@@nicnuckle5167 umm... what
it’s*, and I’m dead serious.
Love that fuschia color ! .... So vibrant and easily seen... 😃👍👍
Love this series so much
Amazing documentary. You never cease to amaze me. If you don’t mind taking a request, World Championship Wrestling
I never knew about WOW thanks for the info
The BEST Reason They Went Bankrupt:
so many decorations
In 2017, I took a flight from LAX to Iceland on WOW Air, and oh my god it was the most uncomfortable flight I’ve ever been on...
You get what you pay for. But it's better then renting a rowboat.
4:34 “if you fly from Newark’s, New York air port” Newark is in New Jersey! 😬
Every time I pass by EWR (Newark Liberty International) I see that purple Wow Air parked in the back. Such a shame I never heard of them beforehand.
That livery was sooo cool.
And this video was really interesting.
Jake, you make a great narrator. Great voice. Great script. Keep these videos coming.
I actually flew on this airline in 2017. I went from SF-> Reykjavik-> Dublin to visit my at the time gf and her family. It was my first time flying. I remember it pretty clearly that besides the fact that the Reykjavik Int Airport was under heavy construction, it was a really nice flight albeit long.
Wow, this video is amazing!!!
I’m in a long distance relationship and I fly to Denmark I flew Icelandair and WOW air... I have to say WOW although staff was nice the plane was not comfortable and you had to pay for water..... I liked Icelandair so much more although I do have to pay a bit more.
Those signs are really funny! I'd love to travel with a smiling airplane:D
The intro is good, same with the video great work I’ve watched bankrupt videos in the past
Everyone I know in that industry
"Wanna know how to make a small fortune?"
"Start with a big one"
Could you do a Payless Shoes bankrupt video? (Payless is a shoe store that sell cheap shoes)
Was a shoe store.
What? I still have Payless at my mall tho😂😂
Oof everyone has gone out of business near me.
Steven Juris that’s wild bc I just went to Payless to get some sandals 😂😂damn that kinda sucks that Payless closed down where u are at.
@@rissa1001 I'm not sure how it works cause they filed for bankruptcy but they still have stores here in the Caribbean
Great video! Though I found that it was missing some information. As I had it understood, the primary source of customers was not customers going to iceland, but customers crossing the atlantic, using the island as a hub for a low budget airline. This ment that they could serve as a low cost for flights between les popular cities in Europe and America. This customer base is less seasonal than iceland tourists and allowed them to have customers in winter.
Also, a few more information on the Primera Air bankrupcy would be nice. They filled for bankruptcy when they had planes flying, leaving not only customers but employees stranded in foreign countries...
AND THEY’RE BACK WITH A BANG!