Indigo Partners-backed JetSmart completed the acquisition of Norwegian Air Argentinian division.

Indigo Partners-backed JetSmart, Chilean low-cost carrier, completed the acquisition of the Argentinian division of Norwegian Air, which provides airline services. Financial terms were not disclosed. "We are very excited about the opportunity to combine Norwegian Argentina with our current JetSmart operations. JetSmart has a long-term commitment to Argentina as well as of our vision of becoming the leading ultra-low-cost airline in South America. With this transaction, we will continue providing affordable air travel to our customers both from Aeroparque and El Palomar airports," Estuardo Ortiz, JetSmart Chief Executive.