WOW Air tar over Iceland Express

[Trdfly]

Investor Skúli Mogensen announced yesterday that he has acquired part of the operations and scheduled flights of Iceland Express, which will be taken over by his airline, WOW Air. Skúli says layoffs are unavoidable but part of Iceland Express’ staff will likely be offered positions at WOW Air.

http://www.icelandreview.com/icelandreview/daily_news/WOW_Air_Takes_over_Iceland_Express_0_394668.news.a spx