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Wow Air CEO says to weigh up possible IPO in 2019

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Wow Air CEO says to weigh up possible IPO in 2019

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LONDON (Reuters) – Icelandic low-cost transatlantic carrier Wow Air is considering a possible initial public offering in 2019, its CEO told Reuters on Monday, as it explores possible routes for the business. Wow Air founder and CEO Skuli Mogensen told Reuters that 2019 was when the airline would be “hitting a point where we’ll be an interesting size to go public.” “In order to continue our growth, we will have to look into various opportunities to find a strategic partner, go public, et cetera. We haven’t really selected which path to take. It’s something which will be interesting to explore,” he said on the sidelines of the World Travel Market in London.

(Reporting by Alistair Smout; Editing by Victoria Bryan)
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