The Boeing 757 has been the backbone of Icelandair's operation since 1990, but a lack of replacement left the market open for ...

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 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 ...

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 ...

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 ...

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 ...

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 ...

Icelandic low-cost carrier WOW air has announced that its ongoing negotiations with Indigo Partners, LLC have collapsed and that it will not re-start negotiations with Icelandair to save the business.

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 ...