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A Jet Airways Airbus A330-200.

Jet Airways is on the brink of collapse. Here are 5 airlines that have gone bust since October.

Jet Airways reportedly owes more than $1 billion in debt, but the company is worth only $260 million.
A Wow Air Airbus A330-300.

No fewer than 5 European airlines have collapsed since October. Here they are.

Wow Air is at least the fifth European airline to collapse to since October. Others include Primera Air, Cobalt Air, Flybmi, and Germania.
Wow Air announced that it was shutting down on Thursday.

‘My heart broke into 100 pieces this morning’: People who worked at Wow Air react to the airline’s surprise announcement that itR...

The Icelandic budget airline Wow Air made the surprising announcement that it was shutting down on Thursday.
A rendering of WOW Air's new Airbus A321neo.

Why passengers stranded by the collapse of Wow Air will likely never see a refund from the airline

Wow Air passengers shouldn't expect refunds from the airline. Instead, they should look to their credit-card company or travel insurance.
Screenshots from a video, recorded at Toronto Pearson International Airport, of dozens of passengers stranded at the airport after Wow Air collapsed on Thursday and canceled all flights.

Videos show chaos and anger in airports as Wow Air passengers discovered the airline had collapsed

The Icelandic budget airline Wow Air abruptly announced its collapse on Thursday and canceled all flights.
WOW Air will begin service at John F. Kennedy International Airport on April 27.

Wow Air shut down and canceled all its flights — here’s how travelers can get their money back

If Wow Air's closure left you stranded or with a canceled flight, here's what you need to know about getting a refund or getting home.

Hundreds of people are stranded and freaking out after Wow Air collapsed

The Icelandic budget airline Wow Air abruptly ceased operations Thursday and canceled all flights.
WOW Air founder and CEO Skuli Mogensen.

Wow Air has shut down. Here’s what went wrong, according to the company’s CEO.

Wow Air CEO Skuli Mogensen told Business Insider in January that the airline made several bad decisions in recent years that did a lot of harm.

Wow Air just went bust in yet another blow to the struggling budget airline industry

The 7-year-old Icelandic carrier, known for its bright purple planes and rock-bottom ticket prices, had been struggling with debt.
A rendering of WOW Air's new Airbus A321neo.

Wow Air is offering $49 one-way flights from the US to Europe

Wow Air is selling $49 tickets for flights from Boston; Detroit; Washington, DC; and New York to Reykjavik, Iceland; Dublin; Brussels; Frankfurt, Germany; and London.