Ultra-cheap airline to offer $99 fare to Iceland
The latest à la carte airline offering super-cheap base fares is WOW Air, an Iceland-based carrier that I never herd of — even when I was in Iceland. It recently announced that this coming March, it will begin non-stop service from both Boston and Baltimore to Reykjavik for introductory fares as low as $99 one-way and one-stop flights onward to London and Copenhagen starting at $228 round-trip. The airline will begin offering the flights next March.
Like every other deep-discount carrier, a ticket on WOW Air will buy a seat, a mini-tray table and an 11-pound carry-on limit. Everything else will cost extra. A carry-on heavier than 11 pounds will be $29 additional when booked online or $48 at the airport. Checked luggage will be even more expensive, each piece adds an extra $48 online or $67 at check-in. And extra leg room, pre-assigned seats and food will add to the total cost of a the journey. Flying round-trip? Multiply by 2.
WOW Air says that it will be able to cross the Atlantic for so little thanks to some built-in efficiencies. Online sales and marketing enable it to avoid paying booking engines or travel agents. This is similar to other low-fare carriers and even Southwest. It currently a mini-fleet of only four aircraft. In theory, by refueling in Iceland, WOW can fly smaller planes, which is fuel-saving. Another fuel benefit is that planes don’t need to carry sufficient fuel for the entire transatlantic flight.
In addition to intra-European and US, Norwegian Air started flying cheap London-New York flights over the summer, but flights were reportedly plagued with delays, which could be a real issue for small-fleet WOW. Once a small-fleet airline’s flights get off schedule, there’s little redundancy and therefore difficult to get back on track again. Discount airlines currently control nearly 0ne-third of the Noth American market (that must include Southwest) and more than one-third of it in Europe, but only Norwegian flies the transatlantic.
There’s room for growth but also for miscalculation.