WOW air

Investment Group Saves WOW air

November 29, 2018 - 6:27 pm

PHOENIX (KMOX) -- WOW air, the Icelandic airline which was on the brink of shutting down, gets a last minute infusion of cash to keep it flying.

A previous deal for WOW to be bought by Iceland Air fell through.

Indigo Partners, investors in low-cost- airlines like Denver-based Frontier and Mexico's Volaris, is purchasing WOW. Terms were not released. Indigo is based in Arizona.

This means passengers don't have to worry about getting stranded at the airline's hub in Reykjavik, Iceland.

But, for now at least, WOW is still scheduled to end St. Louis service on January 7th.