Listen Live
Listen Live

BEFORE THE BELL: WOW Air announces closure

Some Canadian travellers are most likely affected by news this morning that Icelandic budget airline WOW Air has abruptly gone out of business.

Passengers have been stranded in North America and Europe after the airline announced it had ceased operations.

WOW grounded at least six planes in North America that were set to leave last night from Montreal, Toronto, Boston, Detroit, New York and Baltimore.

Iceland-bound planes from seven European cities did not take off this morning.

WOW Air airline began operations in 2012 and specialized in ultra-cheap flights from 27 airports between North America and Europe.

On the markets Wednesday,

The TSX was off by 22 points to finish the day.

Crude slipped 53 cents to $59.41 U.S. a barrel.

Gold fell $4.60 to $1,310 an ounce, on a two day losing streak.

The loonie weakened by 17/100ths of a cent to $0.7456 U.S.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Teck reports $53M Q3 profit in Trail

The local operation's concentration on producing more silver, germanium and indium with reductions in refined lead and refined zinc helped increase its gross profit in the third quarter.

Trial by fire for Castlegar’s new fire chief

Nick Ahlefeld, now the permanent chief, directed the response when a house burned on Saturday morning.

Withholding info in Rossland fatality may serve purpose, prof says

A Simon Fraser University criminology professor says police may have good reason to be tight-lipped about a fatal fight in Rossland this month, but it's worth asking questions.

UPDATED: Record Ridge project receives mining permit

The provincial government has approved a mining permit for a magnesium project near Rossland, although there are still more hurdles to clear.

First Nations leaders condemn ‘alarmist’ comments on Cowichan title ruling

The First Nations Leadership Council said it’s “deeply disturbed and angered” by what it calls alarmist comments by B.C. Conservative leader John Rustad about Aboriginal title rights.
- Advertisement -