Wow Air rescued by Indigo Partners

Indigo Partners LLC and Wow air, the Icelandic airline based in Keflavik (Reykjavik), have agreed in principle for Indigo to invest in Wow. Following successful completion of due diligence, the parties would work to close as soon as practicable. Wow’s CEO and primary shareholder, Skuli Mogensen, would remain a principal investor in Wow upon completion of…