I saw announcement on Wataniya Airways website stating that they started ticket refunds after one year and a half since they halted their flights all of a sudden, many customers sent me messages and emails complaining that they did not get a refund for their booked tickets, some even filed lawsuits. The company is now apologizing to their customers and are asking them to contact them on their email “firstname.lastname@example.org” so they can do the necessary.
I was suspecting that Wataniya Airways may actually come back [link] and I think they are now trying to regain people trust.
Update: I received news that customers can now refund their money by visiting the travel agencies they used to book the tickets, or visit the company head office if they used Wataniya website for booking. 29 January 2013