Skúli Mogensen

Indigo Partners and WOW air Discussions Progressing

Retrieved on: 
Wednesday, December 5, 2018

REYKJAVIK, Iceland, Dec. 5, 2018 /PRNewswire/ --Indigo Partners ("Indigo") and WOW air ("WOW") initiated diligence meetings this week in Reykjavik as the initial steps to a potential Indigo investment after the signing of a term sheet last week.

Key Points: 
  • REYKJAVIK, Iceland, Dec. 5, 2018 /PRNewswire/ --Indigo Partners ("Indigo") and WOW air ("WOW") initiated diligence meetings this week in Reykjavik as the initial steps to a potential Indigo investment after the signing of a term sheet last week.
  • A team from Indigo Partners spent the last two days with WOW air management to review the business and opportunities of the airline going forward.
  • WOW air has a dedicated team and a strong brand that has significant potential," said Bill Franke, Managing Partner of Indigo Partners.
  • I don't think we can find a better and more experienced partner to bring WOW air to the next level," said Skuli Mogensen, CEO and founder of WOW air.

Indigo Partners and WOW air Discussions Progressing

Retrieved on: 
Wednesday, December 5, 2018

REYKJAVIK, Iceland, Dec. 5, 2018 /PRNewswire/ --Indigo Partners ("Indigo") and WOW air ("WOW") initiated diligence meetings this week in Reykjavik as the initial steps to a potential Indigo investment after the signing of a term sheet last week.

Key Points: 
  • REYKJAVIK, Iceland, Dec. 5, 2018 /PRNewswire/ --Indigo Partners ("Indigo") and WOW air ("WOW") initiated diligence meetings this week in Reykjavik as the initial steps to a potential Indigo investment after the signing of a term sheet last week.
  • A team from Indigo Partners spent the last two days with WOW air management to review the business and opportunities of the airline going forward.
  • WOW air has a dedicated team and a strong brand that has significant potential," said Bill Franke, Managing Partner of Indigo Partners.
  • I don't think we can find a better and more experienced partner to bring WOW air to the next level," said Skuli Mogensen, CEO and founder of WOW air.