Icelandic LCC WOW Air has disclosed that U.S. private equity firm Indigo Partners is looking at an initial 49% investment, although this could be increased at a later date. Indigo Partners emerged as a potential investor in WOW Air in November 2018, after Icelandair’s plans to acquire its rival collapsed. At the time, an investment value of up to $75 million was announced, although no details were given about the percentage shareholding Indigo was planning to take. In a Jan. 9 ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "WOW Air CEO: Indigo Plans Initial 49% Investment".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.