skúli mogensen
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WOW Air Prince Selling His House
Skúli Mogensen, WOW Air’s former CEO, is selling his ocean villa. The property is located at Hrólfskálavör 2 in Seltjarnarnes, and is one of the most expensive residences in the country with a real estate evaluation of 261 million ISK. Skúli purchased…
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WOW Air’s Former CEO Already Looking To Start “New” Airline
Skúli Mogensen, once the CEO of the failed WOW Air airline, is now seeking investors in order to start a new airline, tentatively called NewCo. Fréttablaðið was first to report on the matter, their source material being an investment proposal dated yesterday.…
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WOW Air – The Spectacular Crash Of The Purple Airline
WOW Air has ceased to operate after a long and tiring battle with its debt collectors for almost 12 months. Incredibly, the shareholder took over the operation yesterday, Wednesday, and it appeared that the company was out of the woods. But this…
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The Woes of WOW: Financial Losses Follow Impressive Growth
WOW Air is a young, innovative Icelandic airline with an impressive growth record over its short life. Though it was only founded in 2011, WOWnow challenges the well-established Icelandair for the distinction of Iceland’s largest airline. Last month the carrier announced losses…