The ailing Icelandic price fighter WOW Air has signed a deal with Air
Canada for the sale of four Airbus A321s. WOW Air is in urgent need of
money, and sells half of its aircraft.
 
The four A321s will be flown to Canada in January 2019. As a result of the
sale, WOW Air's liquidity improves by twelve million dollars, according to
the airline company.
 
WOW Air hopes to be financially sound again with a fleet of eleven
aircraft. In addition to the four A321s, two A320s and all three A330s also
leave the fleet.
 
As a result of the downsizing, a number of services will be discontinued
and 111 employees will lose their employment.

--- D'Bridge 3.99 SR40