Icelandair and WOW air to commence discussions on cooperation and involvement

Icelandair announced (21-Mar-2019) it will commence 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 parties will aim to conclude the discussions, which will occur with cooperation from Icelandic authorities, on 25-Mar-2019. [more - original PR]