Budget carrier Wow Air resuming flights in OctoberSeptember 10, 2019 - 10:43 AMT PanARMENIAN.Net - Iceland’s defunct transatlantic carrier Wow Air has been revived by a US aviation firm, Travel Trade Gazette reports. USAerospace Associates has taken over the airline, which ceased operations in March. Chief executive Michele Ballarin said flights between Icelandic capital Reykjavik and Washington DC would resume in October. Speaking at a press conference late last week, Ballarin confirmed the business had come to an agreement with Wow Air’s representatives. USAerospace Associates will take just shy of a 50% stake, with investors in Iceland holding the rest of the capital to comply with EU airline ownership rules. Ballarin said Wow would be based at Dulles airport in Washington, with a presence at Keflavik airport in Iceland and in Reykjavik. Wow will initially relaunch with two aircraft, potentially rising to 10-12 next summer, said Ballarin. The airline collapsed in March following protracted search for fresh investment, which saw a number of potential partners – including Icelandair – pull out of a deal. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. |