Talks between Icelandic LCC WOW Air and prospective investors Indigo Partners are still ongoing, with a date toward the end of March now being given as the likely time for a deal agreement. Indigo Partners, the US-based private equity firm, appeared in November 2018 as a potential investor in WOW Air, after an acquisition bid by fellow-Icelandic carrier Icelandair Group fell through. WOW Air had increasingly branched out into the long-haul, low-cost marketplace but has retrenched in recent ...

Subscribe to Access this Entire Article

"WOW Air, Indigo hope to finalize deal by end March " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.