The airline asked the passengers who had already booked tickets on its flights to seek availability on other airlines. Compensation was non- committal.

Over a 27000 passengers have been affected, getting stranded or unable to travel as planned. The scene at several airports were chaotic as a large number of passengers going between Europe and North America usually book on Wow budget airline.

Passengers did not have prior information or warning and all flights were cancelled by Wednesday night, without providing them accommodation or refunds. Only in the next morning the airline started informing by email that the budget carrier had already shut and no more flights will be available.

However, airlines like EasyJet (ESYJY), Icelandair, Wizz Air, XL Airways and Norwegian Air were offering reduced or rescue fares to help stranded travellers. The affected passengers could claim compensation from insurance companies or if to get money from the airline one has to wait till the liquidation process.

The no-frills airliner was founded in 2011. Wow air was considered the best and cheapest option for trans-Atlantic travel. Primera Air ceased operations in October 2018. In February, German airline Germania filed for bankruptcy and British airline Flybmi stopped flying, according to CNN.

Wow Air was trying refinance to salvage the service but couldn't get any.