Wow Air’s bankruptcy is Iceland’s latest sign of economic crisis
After 20 quarters of uninterrupted growth — the longest upswing in its recent history — Iceland is bracing itself for a sharp downturn
20 June 2019 - 12:30
Reykjavik — Gudrun Asta Gunnarsdottir found herself at ground zero of Iceland’s latest crisis. Four months into her second pregnancy, the check-in desk operator was told she was one of 315 workers being laid off at Reykjavik’s international airport.
The news came as “a shock” and “caused a lot of sadness for everyone, especially because a lot of people are now looking for work at the same time”, said Gunnarsdottir, who was able to return part-time to her airport job...
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