Credit: NTB Scanpix / Alamy Stock Photo
The collapse of Icelandic carrier Play is the latest reminder of how unforgiving the transatlantic market is for low-cost operators. Play ceased operations on Sept. 29 after a failed restructuring and a short-lived pivot to wet leasing, treading a path similar to Wow Air six years earlier—fast...
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Daily Memo: Is The Transatlantic LCC Dream Fading For Good? is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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