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IAG Boss Says New Norwegian Bid Unlikely, But 'Never Say Never'

Published on Mar 8 2019 10:30 AM in General Industry tagged: Trending Posts / IAG / International Airlines Group

IAG Boss Says New Norwegian Bid Unlikely, But 'Never Say Never'

Aer Lingus owner IAG is unlikely to renew its interest in Norwegian Air after ruling out a new bid for the Scandinavian carrier earlier in the year, but "never say never", IAG CEO Willie Walsh said this week.

"I'd never say never, but I think it's unlikely," Walsh told reporters on the sidelines of the Airlines for Europe summit in Brussels.

IAG sold its stake in Norwegian when it ended its interest in the airline, which competes with IAG's low-cost long-haul Level brand, earlier this year.

"If there was a case that we might have done that [renewed our interest], we probably would have retained the shares in Norwegian," he added.

Asked if Level could expand into Scandinavia, Walsh said, "It could, ultimately."

"There are several significant markets that are underserved from a long-haul point of view and can be best served by a low-cost model," he said.

A380s

He also said that, although he was still not interested in buying A380s, those who wanted to approach him with offers after Airbus said it was scrapping production of the superjumbo should do so.

"I'm not looking to buy A380s. If there are people looking to sell them, they should probably approach us, because we would be one of the few people who might be interested. But I'm not looking to buy," he said. "Let's see what happens."

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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