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

Airbus

A Wow Air Airbus A321neo.

• Wow Air is offering one-way flights from the US to Europe for as little as $49.
• The discounted fare will be available on select flights from Boston, Detroit, Washington D.C., and New York to Reykjavik, Dublin, Brussels, Frankfurt, and London.
• Only 1,000 seats will be available at the $49 price point.
• The sale ends at midnight on January 18 or until the discount tickets sell out.

Wow Air launched a week-long fare sale on Monday with one-way flights from the US to Europe for as little as $49.

The Icelandic ultra-low-cost airline will offer the discount on select flights from Boston, Detroit, Washington D.C., and New York to Reykjavik, Dublin, Brussels, Frankfurt, and London.

We are excited to offer our lowest price ever to travelers dreaming of a Eurotrip this year," Skúli Mogensen, founder and CEO of Wow Air, said in a statement. "At Wow Air, we are committed to making travel more affordable and accessible to all as traveling is a culturally enriching, enjoyable and enlivening experience."

However, only 1,000 seats will be made available at the $49 price point and they are only available if booked as part of a round-trip reservation. The sale ends at midnight on Friday, January 18 or until the discount tickets sell out.

Read more: These 20 airlines are the least likely to have delayed flights.

The sale fare is for flights between January 21 and March 11, 2019.

The seven-year-old airline known for its brightly painted purple plane and rock bottom tickets has been struggling to find solid financial footing.

In November, Wow Air failed to complete a merger with Icelandair in a deal that valued the carrier at $18 million to $25 million.

Last month, the airline announced the layoff of 111 employees. In addition, it has also returned all of its leased widebody Airbus A330s jets used on flights to the West Coast of the United States. The airline also sold four Airbus A321 jets to Air Canada.

The airline is currently discussing investment opportunities with private equity firm Indigo Partners which also owns low-cost carriers Frontier Airlines and JetSmart.