WOW air CEO Skuli Mogensen stated (09-Jan-2019) Indigo Partners‘ proposed investment in WOW air “will primarily be in the form of a convertible loan with a 10 year maturity”. Indigo Partners will acquire a 49% stake in the LCC initially and may increase its stake if permitted to under foreign ownership regulations. [more – original PR]
More Like this
WOW air downsizes Airbus fleet from 20 to 11 to improve liquidityDecember 14, 2018 
WOW air wants a partner by 2019September 5, 2017 
WOW air to offer seasonal Dallas/Fort Worth service from May-2018September 7, 2017 
WOW air considering stake sale to finance expansion plansMay 1, 2018 
WOW air CEO: Merger with Icelandair could lead to more rationalised networkSeptember 21, 2018 
CAPA: Icelandair will have less than half share of all seats to/from Iceland for the first timeJuly 10, 2018 - WOW air to launch ‘WOW premium’ option for business travellersApril 18, 2018
Pegasus Airlines converts options for 25 A321neo aircraftDecember 28, 2017 
HNA Group to sell up to 1% stake in Hainan AirlinesMarch 6, 2019 
Italian Chamber of Deputies approves extension of Alitalia sales process and loan repaymentJune 21, 2018 
Is the long-running Alitalia sale finally set for conclusion?November 5, 2018 
Alitalia kept aloft by partnerships in the past, but has suffered from too many mastersMay 3, 2018
