Could Indigo Partners’ WOW Stake Raise Long-Haul Low-Cost Credibility?

When Icelandair walked away from a deal to take over local rival WOW Air at the end of November, the stage appeared to be set: It would be only a matter of time before WOW, a fast-growing low-cost long-haul carrier in dire financial straits, collapsed and disappeared from the transatlantic market...

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