Yes, you read correctly. The Icelandic airline Wow Air is offering transatlantic flights to Europe for as low as $99 each way.
Wow announced that it will be expanding service to the U.S. with flights to Boston and Baltimore for as low as $228 round trip. Flights from U.S. cities will be non-stop to Reykjavik, Iceland, and one-stop flights to London and Copenhagen.
This segment aired on October 30, 2014.