WOW air considering stake sale to finance expansion plans

    WOW air is considering a stake sale to finance expansion plans (Bloomberg, 30-Apr-2018). WOW air CEO Skuli Mogensen confirmed the airline is encouraged by IAG‘s interest in Norwegian, stating: “The interest in Norwegian creates more awareness and really validates what we are trying to do, that low cost, long haul is here to say. People are just waiting to see what we decide. This is an industry in which everyone knows everyone and I think we could call on a few select people”.