Indigo Partners agreed to invest in WOW air.

Indigo Partners, and WOW air, the Icelandic airline based in Reykjavik, have agreed in principle for Indigo to invest in WOW. WOW air is an ultra-low-cost carrier currently serving 25 destinations across Europe and North America. Financial terms were undisclosed. "WOW’s management and employees have done a remarkable job in creating a well-regarded, successful brand. We have a strategic vision for the airline, and look forward to working with its employees and agents to deliver that vision.” Bill Franke, Indigo Partners Managing Partner.