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Airlines

British Airways Owner Still Thinking Over Norwegian Deal

Patrick Whyte

Photo Credit: A British Airways aircraft. Parent company IAG is still mulling a deal for Norwegian. British Airways

Skift Take

IAG is still willing to play the long game with Norwegian. If the price of fuel keeps rising, you'd imagine that the acquisition price would come down.

The CEO of British Airways parent company IAG said he has not spoken to Norwegian airline executives since April but that his airline group is still weighing its options over a potential acquisition. IAG bought a small stake in Norwegian earlier this year with the intention of discussing a full takeover. Nothing concrete has materialized and Bjorn Kjos, the CEO of Norwegian, has since said other airlines are interested in doing a deal as well. "We will not be a longer-t

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