787Driver wrote:

I really hope Norwegian will stay independent.

Kiwirob wrote:

787Driver wrote:

I really hope Norwegian will stay independent.

I don't they are a horrible airline.

NZ321 wrote:

Come on, you have to be joking? If IAG take over then there will be changes. Any take over will surely involve changes according to alignment. But they may not be drastic changes. They may be subtle. I for one would be looking to whether changes will affect service to secondary cities like OAK where Norwegian have a significant presence in markets with no direct competition. But hard to say.

Mortyman wrote:

Kiwirob wrote:

787Driver wrote:

I really hope Norwegian will stay independent.

I don't they are a horrible airline.

What makes you think that IAG would make any changes ?

Kiwirob wrote:

Mortyman wrote:

Kiwirob wrote:

I don't they are a horrible airline.

What makes you think that IAG would make any changes ?

I would hope they would fix the terrible customer service culture they have.

I’ve never liked them, they’ve lost my luggage at least 5 times, they don’t provide any assistance when you’re delayed, either there fault or otherwise, I’ve never had good experiences with them, even perennially struggling SAS are miles ahead in every measurable metric IMO.

millionsofmiles wrote:

Given the fact that the flight attendants and pilots are not even employed directly by Norwegian but are, instead, contracted through a third-party, I would imagine all the labor issues in a break-up of assets will be non-problematic for the acquirer.

NZ321 wrote:

Come on, you have to be joking? If IAG take over then there will be changes. Any take over will surely involve changes according to alignment. But they may not be drastic changes. They may be subtle. I for one would be looking to whether changes will affect service to secondary cities like OAK where Norwegian have a significant presence in markets with no direct competition. But hard to say.

a350lover wrote:

millionsofmiles wrote:

Given the fact that the flight attendants and pilots are not even employed directly by Norwegian but are, instead, contracted through a third-party, I would imagine all the labor issues in a break-up of assets will be non-problematic for the acquirer.

The third-party, mainly OSM Aviation, as far as I know, I believe it belongs to Norwegian anyway. For some reason they preferred to hire the crews through that, rather than the traditional way. Even if IAG took over, they would still need all these jobs no matter in which lower conditions probably.

millionsofmiles wrote:

a350lover wrote:

millionsofmiles wrote:

Given the fact that the flight attendants and pilots are not even employed directly by Norwegian but are, instead, contracted through a third-party, I would imagine all the labor issues in a break-up of assets will be non-problematic for the acquirer.

The third-party, mainly OSM Aviation, as far as I know, I believe it belongs to Norwegian anyway. For some reason they preferred to hire the crews through that, rather than the traditional way. Even if IAG took over, they would still need all these jobs no matter in which lower conditions probably.

As contract workers, they don't have Scope clauses or contract-based labor protective position. If the airline is broken up and the pieces parceled out to various components of IAG, it's anybody's guess what they will do with the Norwegian crews.

Kiwirob wrote:

Mortyman wrote:

Kiwirob wrote:

I don't they are a horrible airline.

What makes you think that IAG would make any changes ?

I would hope they would fix the terrible customer service culture they have.

I’ve never liked them, they’ve lost my luggage at least 5 times, they don’t provide any assistance when you’re delayed, either there fault or otherwise, I’ve never had good experiences with them, even perennially struggling SAS are miles ahead in every measurable metric IMO.

Kiwirob wrote:

Mortyman wrote:

Kiwirob wrote:

I don't they are a horrible airline.

What makes you think that IAG would make any changes ?

I would hope they would fix the terrible customer service culture they have.

I’ve never liked them, they’ve lost my luggage at least 5 times, they don’t provide any assistance when you’re delayed, either there fault or otherwise, I’ve never had good experiences with them, even perennially struggling SAS are miles ahead in every measurable metric IMO.

Kiwirob wrote:

Mortyman wrote:

Kiwirob wrote:

I don't they are a horrible airline.

What makes you think that IAG would make any changes ?

I would hope they would fix the terrible customer service culture they have.

I’ve never liked them, they’ve lost my luggage at least 5 times, they don’t provide any assistance when you’re delayed, either there fault or otherwise, I’ve never had good experiences with them, even perennially struggling SAS are miles ahead in every measurable metric IMO.

millionsofmiles wrote:

it's anybody's guess what they will do with the Norwegian crews.

santi319 wrote:

millionsofmiles wrote:

it's anybody's guess what they will do with the Norwegian crews.

Theyre not Norwegian Crews, they work for OSM Aviation...

f4f3a wrote:

I believe even though all pilots are hired through
Osm they still have balpa union recognition for collective bargaining

Boeing and Airbus can torpedo an IAG acquisition of Norwegian

Norwegian's giga orders with the two aircraft manufacturers are probably packed with change clauses.

787Driver wrote:

Kiwirob wrote:

787Driver wrote:

I really hope Norwegian will stay independent.

I don't they are a horrible airline.

But good for the competition. And by the way, anything related to Norway in your opinion is “horrible” as demonstrated many times on this forum over the years, so I’d take your comment with a huge grain of salt.

Mortyman wrote:

Norwegian Financial paper DN is speculating that:

Boeing and Airbus can torpedo an IAG acquisition of Norwegian

Norwegian's giga orders with the two aircraft manufacturers are probably packed with change clauses.

Behind pay wall:

https://www.dn.no/nyheter/finans/2018/0 ... -norwegian

AF022 wrote:

787Driver wrote:

Kiwirob wrote:

I don't they are a horrible airline.

But good for the competition. And by the way, anything related to Norway in your opinion is “horrible” as demonstrated many times on this forum over the years, so I’d take your comment with a huge grain of salt.

Operating at heavy losses indefinitely with no profit motive is not good for competition.

Kikko19 wrote:

I guess it's time to change the title of this tread as FR might be interested as well
in norwegian (but google does a fair job)
https://e24.no/boers-og-finans/norwegia ... n/24341433

Mortyman wrote:

Norwegian Financial paper DN is speculating that:

Boeing and Airbus can torpedo an IAG acquisition of Norwegian

Norwegian's giga orders with the two aircraft manufacturers are probably packed with change clauses.

Behind pay wall:

https://www.dn.no/nyheter/finans/2018/0 ... -norwegian

Willie Walsh, chief executive of the IAG airline group, has said it is looking to sell its shares in low-cost carrier Norwegian Air after failing to negotiate a takeover.

IAG, which owns British Airways, bought 4.6 per cent of Norwegian this year as a prelude to discussing a takeover, but had two proposals rebuffed.

Mr Walsh said: “We’re not going to keep the shares, we’re not an investor. We bought that small stake to initiate a conversation and if that conversation is not going anywhere, as it’s not, we’re not going to hold on to those shares.”

Breathe wrote:

IAG to offload Norwegian Air stake after bids fail

https://www.ft.com/content/2b6101c4-970 ... 205561c3fe

Willie Walsh, chief executive of the IAG airline group, has said it is looking to sell its shares in low-cost carrier Norwegian Air after failing to negotiate a takeover.

IAG, which owns British Airways, bought 4.6 per cent of Norwegian this year as a prelude to discussing a takeover, but had two proposals rebuffed.

Mr Walsh said: “We’re not going to keep the shares, we’re not an investor. We bought that small stake to initiate a conversation and if that conversation is not going anywhere, as it’s not, we’re not going to hold on to those shares.”

bluefltspecial wrote:

Breathe wrote:

IAG to offload Norwegian Air stake after bids fail

https://www.ft.com/content/2b6101c4-970 ... 205561c3fe

Willie Walsh, chief executive of the IAG airline group, has said it is looking to sell its shares in low-cost carrier Norwegian Air after failing to negotiate a takeover.

IAG, which owns British Airways, bought 4.6 per cent of Norwegian this year as a prelude to discussing a takeover, but had two proposals rebuffed.

Mr Walsh said: “We’re not going to keep the shares, we’re not an investor. We bought that small stake to initiate a conversation and if that conversation is not going anywhere, as it’s not, we’re not going to hold on to those shares.”

This article is behind a paywall, I cannot see the date.

This was published yesterday stating that Willie was still interested in Norwegian:

https://uk.reuters.com/article/uk-norweg-air-shut-m-a-iag/iag-boss-walsh-says-still-interested-in-norwegian-deal-idUKKBN1KO0PE

SFOtoORD wrote:

bluefltspecial wrote:

Breathe wrote:

IAG to offload Norwegian Air stake after bids fail

https://www.ft.com/content/2b6101c4-970 ... 205561c3fe

This article is behind a paywall, I cannot see the date.

This was published yesterday stating that Willie was still interested in Norwegian:

https://uk.reuters.com/article/uk-norweg-air-shut-m-a-iag/iag-boss-walsh-says-still-interested-in-norwegian-deal-idUKKBN1KO0PE

I doubt the Financial Times would falsify that WW quote. Seems like a legit story.

IAG won't get into q bidding war for Scandinavian airline Norwegian, chief executive Willie Walsh has insisted this evening in Dublin.

IAG, which owns Aer Lingus, British Airways, Iberia, Vueling and Level, acquired a 4.6pc stake in Norwegian last year and said it was interested in buying it outright.

Speaking at a dinner hosted by The Aviation Club UK, Mr Walsh said that he remains interested in Norwegian.

"I like Norwegian. I like the brand. I like what Bjorn (CEO Bjorn Kjos) had done," said Mr Walsh.

But he noted that Norwegian's share price has been declining and that there had been some rumour that another potential bidder could emerge.

"I'm not getting into a bidding war," said Mr Walsh, adding that he believed Norwegian's decision to populate its fleet with Boeing 787s was the wrong one.

Mr Walsh also said IAG "is not interested in third terminal at Dublin Airport".

Mr Walsh, a former Aer Lingus pilot and once the CEO of the airline, said BA should have done a deal to tie up with KLM years ago.

"Had KLM and BA got together it would have been a fantastic development," he said.

Mr Walsh said he's confident there will be a "comprehensive agreement" between the UK and the EU for post-Brexit aviation.

Breathe wrote:

(...) he believed Norwegian's decision to populate its fleet with Boeing 787s was the wrong one.

oslmgm wrote:

Breathe wrote:

(...) he believed Norwegian's decision to populate its fleet with Boeing 787s was the wrong one.

It would have been interesting to know his view on what the right airplanes for Norwegian would have been.

JetBuddy wrote:

Here is the deleted tweet:

(Moderators - please remove if you don't want it here. I understand speculations like these could affect stock prices etc. The screencap is not mine, I take no responsibility for the content or it's legitimacy. The screencap is from @designerjet on Twitter, and the original tweet was made by @golfcharlie232 and retweeted by @jonostrower)