Icelandair Group has announced plans to buy rival budget airline WOW air for about $18 million, the company announced Monday. WOW air was previously a competitor to Icelandair as it boasted flights as ...

Icelandair may be abandoning two of its North American routes, but it’s not about to abandon WOW Air’s stranded customers on either side of the Atlantic. After the latter airline abruptly ceased ...

Icelandair is poised to takeover WOW air, announcing that it has entered into a share purchase agreement to buy all the shares of the low fare airline's stocks. The acquisition is subject to approval ...

The acquisition of Wow air by Icelandic counterpart Icelandair will not go ahead as planned after the two parties were unable to meet the conditions for the purchase. The proposed all share deal was ...

Icelandair has announced a new partnership with Southwest Airlines to bring new connections and easier access to its destinations, making Icelandair Southwest’s initial airline partner. By signing a ...

Icelandair today announced it will purchase the other Icelandic airline, low-cost leader WOW air. In an announcement this morning, Icelandair Group says it has entered into an agreement to purchase ...

Icelandair Group will fold the activities of Air Iceland Connect into its mainline operation and eliminate the position of the regional arm’s managing director. Air Iceland Connect operates domestic ...

WOW Air, the Icelandic budget airline that shook up the U.S. market with Europe fares as low as $99 one way, will be acquired by rival Icelandair in a deal that could make the company a strong force ...

ORIGINAL POST: Icelandair’s planned acquisition of struggling rival WOW Air is off. "The planned acquisition of Icelandair Group of Wow air will not go through,” interim Icelandair CEO Bogi Nils ...

Icelandair has agreed to acquire ultra-low-cost carrier Wow Air. WOW Air shareholders are set to receive 5.4% of Icelandair's value at $18 million to $25 million. The deal is still subject to approval ...