Icelandic carrier competition set to increase as WOW gains new investor

摘要

In a dramatic turn of fortunes, US private equity firm Indigo Partners emerged as the potential new investor in Icelandic ultra-LCC WOW Air after an acquisition attempt by Icelandair collapsed.Indigo Partners and WOW reached an agreement in principle for Indigo to become a major shareholder, Indigo said."[WOW CEO] Skuli [Mogensen] and WOW's management and employees have done a remarkable job in creating a well-regarded, successful ULCC brand," Indigo managing partner Bill Franke said. "We have a strategic vision for the airline and look forward to working with its employees and agents to deliver that vision."