News Tagged with “Icelandic Airlines”

Future of WOW air uncertain as Icelandair cancels negotiations

Indigo Partners cancel negotiations with WOW air who starts discussions again with Icelandair

22 Mar 2019 The proposed investment of Indigo Partners LLC ("Indigo Partners") in WOW air has been cancelled by Indigo Partners. Therefore, all negotiations between WOW air and Indigo Partners have been cancelled.

"The planned acquisition of Icelandair Group of Wow air will not go through," said Bogi Nils Bogason, CEO of Icelandair in an announcement this morning.

Icelandair Group's acquisition of WOW air cancelled

29 Nov 2018 Icelandair group will not be purchasing WOW air and have cancelled a purchase agreement signed on November 5th. This was a mutual agreement by both airlines. Staff of WOW air have been asked to attend a staff meeting at 10 am this morning.

Skúli Mogensen, founder and CEO of WOW air.

"I will continue to do my best"

6 Nov 2018 "The last 72 hours have been some of the toughest in my life as I had to determine the future of WOW air in the face of extremely challenging times," writes WOW CEO Skúli Mogensen in a statement on his Facebook page earlier today.

Icelandair buy WOW air

5 Nov 2018 Icelandair Group has entered into a share purchase agreement to purchase all shares in the airline WOW air. This was just announced by Icelandair.