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 commences formal discussions with investors and reaches agreement to convert bondsMarch 27, 2019 
WOW air wants a partner by 2019September 5, 2017 
WOW air to offer seasonal Dallas/Fort Worth service from May-2018September 7, 2017 
Avianta Capital and two former WOW air managers to establish new airline, WAB airJuly 12, 2019 
Royal Schiphol Group/QIC acquires 70% stake in Hobart AirportOctober 2, 2019 
WOW air CEO: Merger with Icelandair could lead to more rationalised networkSeptember 21, 2018 
WOW air considering stake sale to finance expansion plansMay 1, 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 - SAS to divest 37.5% Air Greenland ownership to Greenland GovernmentMay 31, 2019
