WOW Air, Iceland’s budget airline, collapsed in abrupt and spectacular fashion last March, stranding thousands of passengers around the world. The airline’s demise seemed to spell the end of cheap flights to Iceland and the possible decrease of tourism to the country. But the once-defunct airline is staging a comeback. Starting in October, WOW Air expects to resume flight operations, though it won’t be based in Iceland any longer.

In a press conference that took place in Reykjavik on Friday, it was announced that American aviation firm USAerospace Associates had taken over the bankrupt airline, with plans to relaunch WOW Air under the same name. According to CEO Michele Ballarin, the carrier will now be based in Dulles Airport in Washington, DC, and the first flight will depart from there to Keflavík International Airport.

And while the comeback may be encouraging news, it doesn’t look like it will happen as quickly as its sudden collapse. At first, the airline only plans to operate with two planes but hopes to expand the fleet between 10 and 12 planes in the future.