Norwegian Air’s Future Is Still a Matter for Speculation
Photo Credit: A Norwegian 787-9 aircraft. the carrier is in talks about a potential joint venture. Norwegian
Skift Take
Does this mean a tie-up with another airline or someone else? For the minute Norwegian isn’t saying much on the matter.
With speculation swirling about the future of Norwegian Air, including a possible bankruptcy, executives on Thursday acknowledged for the first time the airline is in talks to form a joint venture — and that those talks are in advanced stages.
CEO Bjørn Kjos and CFO Geir Karlsen were sketchy on details during their third-quarter results presentation but did say that discussions were far along. It is not clear whether the deal is with another airline.
Earlier this year British Airways owner IAG said it was looking at making an offer for the airline, having built up a small stake. As of yet it has not yet made a formal approach and in August IAG CEO Wi
