The proposed investment of Indigo Partners in Icelandic budget airline WOW air has been cancelled. The talks started after WOW air ran into financial difficulties last year. All negotiations between WOW air and Indigo Partners have been cancelled, and WOW air has subsequently started another round of discussions with Icelandair Group.
“The parties aim to conclude the negotiations by Monday March 25,” WOW air says in a media statement.
Following the grounding of all Boeing 737 Max 8 jets at Icelandair, WOW may have become a more attractive option for Icelandair Group, as WOW only operates Airbus planes.
