Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Following the announcement Wizz Air Abu Dhabi will suspend operations starting Sept. 1, Etihad Airways is offering jobs to about 450 affected employees.
Local rival LCC Play is changing its strategy, making Icelandair the only hub carrier at Keflavik, amid a weakened transit market for Iceland's flag carrier.