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WOW Air collapse will dent Iceland’s growth, says central bank

The airline had about 1,000 employees and carried a significant share of tourists visiting Iceland.

By Teis Jensen, Reuters April 4, 2019
1219

COPENHAGEN — The collapse of budget airline WOW Air last month will dent Iceland’s economic growth this year and cause some losses in the banking system, the country’s central bank said in a Financial Stability report on Thursday.

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