Since its founding in 2011, Wow Air has fought Icelandair, the country's flag carrier, for business to the island nation. That competition has officially come to a close. On Monday, Icelandair announced it has agreed to acquire the upstart Icelandic ultra-low-cost carrier.
"Icelandair Group has entered into a share purchase agreement to purchase all shares of airline WOW air," the carrier said in a statement.
Read more: https://www.businessinsider.com/wow-air-acquired-by-rival-icelandair-2018-11
