‘No plans’ to sell Norwegian to BA owner

'No plans' to sell Norwegian to BA owner

The boss of low-cost airline Norwegian has mentioned he has no plans to promote it.

The phrases from chief govt Bjorn Kjos come the day after British Airways proprietor IAG (Worldwide Airways Group) mentioned it was contemplating making a suggestion to purchase the service.

Mr Kjos, who can also be Norwegian’s most important shareholder, mentioned following a gathering of the group’s buyers: “I’ve not envisaged any sale.
“I’ve to underline that now we have had numerous approaches from totally different airways.”
On Thursday, IAG revealed it has acquired a four.61% stake within the airline “to ascertain a place from which to provoke discussions, together with the potential for a full supply for Norwegian”.
It mentioned “no such discussions have taken place to this point” and that “no resolution” had been taken to make a suggestion, including that “there isn’t any certainty that any such resolution might be made”.

Norwegian had mentioned in a press release that it had “no prior information of this acquisition”, including it had “not been in any discussions or dialogue with IAG concerning the matter”.
It mentioned: “Norwegian believes that curiosity from one of many largest worldwide aviation teams demonstrates the sustainability and potential of our enterprise mannequin and world progress.”
Norwegian has had a serious affect on the long-haul market in Europe, undercutting rivals on trans-Atlantic ticket costs.

Offers have included £99 flights from Edinburgh and Dublin to New York.
In addition to British Airways, Anglo-Spanish agency IAG additionally owns Aer Lingus, Iberia and Vueling.

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