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Icelandair Group M&A Activity 2019

Mar 21, 2019

2197_rns_2019-03-21_68bddb1e-1b65-4b3e-846d-1fcc633781c9.html

M&A Activity

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Icelandair Group starts discussions with WOW air

Icelandair Group starts discussions with WOW air

Following the announcement from WOW air on the end of negotiations with Indigo Partners, Icelandair Group’s Board of Directors has agreed to start discussions with WOW air regarding Icelandair Group’s involvement in its operations. The discussions will be based on the doctrine of competition law regarding the failing firm defence. The discussions will take place in cooperation with the Icelandic authorities.

The goal is to conclude the discussions on Monday March 25th 2019.

Further information: Iris Thorisdottir, Director Investor Relations Icelandair Group [email protected]

For media enquiries: [email protected]