Articles tagged “iag”

Post-Brexit Ownership Rules Could Put British Airways Owner Under New Scrutiny

Post-Brexit Ownership Rules Could Put British Airways Owner Under New Scrutiny

Patrick Whyte, Skift

IAG's outspoken CEO Willie Walsh has always been confident about post-Brexit flying rights — unlike some other airline bosses. The problem is the European Union seems to have other ideas.

1 week ago

Struggling Norwegian Thinks It Is in Better Shape for 2019

Struggling Norwegian Thinks It Is in Better Shape for 2019

Patrick Whyte, Skift

From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.

1 week ago

Qatar Airways Buys 5 Percent Stake in China Southern

Qatar Airways Buys 5 Percent Stake in China Southern

Bloomberg

Qatar Airways looks like it will continue with its airline investment strategy over the course of 2019. We should expect similar announcements during the coming months.

2 weeks ago

Europe’s Airlines Approaching U.S.-Like Levels of Profitability

Europe’s Airlines Approaching U.S.-Like Levels of Profitability

Jay Shabat, Skift Airline Weekly

Europe’s airline sector is a mix of thriving and struggling carriers. It’s also a mix of welcome developments, like booming transatlantic demand, and very unwelcome ones, like severe air traffic control delays.

3 weeks ago

Norwegian Air Says It Has Enough Cash to Get by in Slower Winter Months

Norwegian Air Says It Has Enough Cash to Get by in Slower Winter Months

Andrew Noël , Bloomberg

Struggling Norwegian Air continues to assure investors while mapping out its future. One thing is nearly certain, 2019 will bring changes to the once, high-flying industry disrupter.

3 weeks ago

British Airways Owner Hasn’t Quite Given Up Hope on Landing Norwegian

British Airways Owner Hasn’t Quite Given Up Hope on Landing Norwegian

Patrick Whyte, Skift

Willie Walsh loves a deal and it sounds like he is still keen. If Norwegian can sort out a cash injection, then a potential acquisition is even more attractive.

3 months ago

Aer Lingus Taps New CEO From Within Parent IAG

Aer Lingus Taps New CEO From Within Parent IAG

Patrick Whyte, Skift

Stephen Kavanagh is staying on for a couple more months and will then serve as a non-executive director, both of which imply an amicable decision. New CEO Sean Doyle inherits an airline in decent financial shape but one that has its fair share of competitive challenges.

3 months ago

British Airways Owner Still Thinking Over Norwegian Deal

British Airways Owner Still Thinking Over Norwegian Deal

Patrick Whyte, Skift

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.

6 months ago

British Airways Owner Poaches Flybe Executive to Run Low-Cost Carrier Level

British Airways Owner Poaches Flybe Executive to Run Low-Cost Carrier Level

Patrick Whyte, Skift

IAG has big plans for Level and with a new dedicated CEO, we can expect further expansion. The only question is what would happen to the carrier if the airline group added Norwegian to its growing family.

6 months ago

Competitor Circling Vulnerable Air France-KLM

Competitor Circling Vulnerable Air France-KLM

Ania Nussbaum, Bloomberg

Low-cost carriers see an opportunity with flights out of Paris, adding to the woes at Air France-KLM. What will be the catalyst to bring about real change at the Franco-Dutch carrier?

7 months ago

Norwegian CEO Warms Up to Potential Sale

Norwegian CEO Warms Up to Potential Sale

Richard Weiss, Bloomberg

Norwegian's CEO seems to be a lot more relaxed about the possibility of selling the company than he was just a few weeks ago. He may still think the airline can thrive independently but if the price is right we should expect a sale.

7 months ago

Norwegian Attracts Lufthansa’s Interest as Bidding War Looms

Norwegian Attracts Lufthansa’s Interest as Bidding War Looms

Christopher Jasper and Richard Weiss, Bloomberg

The odds on Norwegian staying an independent company look very slim indeed. The big question then is: where will Norwegian end up? At the moment it's a two-horse race between Lufthansa and IAG.

7 months ago