Articles tagged “iag”

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.

2 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.

2 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?

3 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.

3 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.

3 months ago

Higher Fuel Prices Will Put a Profit Squeeze on Airlines

Higher Fuel Prices Will Put a Profit Squeeze on Airlines

Angus Whitley and Richard Weiss, Bloomberg

Weak and unprofitable airlines can muddle along when fuel doesn't cost much, but it's a very different story when the price starts to rise. The International Air Transport Association thinks tougher times lie ahead.

4 months ago

Why Ryanair Is Hungry for Acquisitions

Why Ryanair Is Hungry for Acquisitions

Patrick Whyte, Skift

Ryanair is the great white shark of the airline world. It knows which airlines are bleeding cash and it is in the mood to feast.

4 months ago

Norwegian Rejects Approaches From British Airways Owner

Norwegian Rejects Approaches From British Airways Owner

Patrick Whyte, Skift

Given Norwegian's financial situation, we should expect IAG's approach to have been on the low side. CEO Willie Walsh is a shrewd operator and is probably happy to wait things out rather than overpay.

5 months ago

Norwegian Is Taking a Big Risk Betting on a Fuel Price Drop

Norwegian Is Taking a Big Risk Betting on a Fuel Price Drop

Benjamin Katz and Richard Weiss, Bloomberg

Airlines usually like the certainty that hedging brings. If prices go up, then Norwegian could be in a lot of trouble.

5 months ago

Norwegian CEO Not Interested in Selling to British Airways Owner

Norwegian CEO Not Interested in Selling to British Airways Owner

Jonas Cho Walsgard and Richard Weiss, Bloomberg

There we have it: Norwegian's CEO doesn't want to do a deal with IAG. That's not necessarily the end of the story, however. These things can change pretty quickly.

5 months ago

British Airways Parent Looking at Buying Norwegian

British Airways Parent Looking at Buying Norwegian

Patrick Whyte, Skift

Wow. Not many people will have seen this coming, including, it seems, Norwegian. Adding another brand to IAG's growing portfolio might make strategic sense but it will come at a significant cost.

5 months ago

Ryanair Is Buying a Majority Stake in an Austrian Airline

Ryanair Is Buying a Majority Stake in an Austrian Airline

Richard Weiss, Bloomberg

Not many people would have had Ryanair pegged as the potential partner for Niki Lauda's new Austrian airline. The Irish carrier has seldom chosen the M&A path in the past but an opportunity to take on Lufthansa in central Europe was probably too good an opportunity to turn down.

6 months ago