British Airways Owner IAG Considers Bid for Norwegian Air

• April 12 2018

IAG SA is considering a bid for Norwegian Air Shuttle ASA, in a potential deal that would help the owner of British Airways boost its market share amid increasing competition from low-cost carriers, Bloomberg News reports.

IAG SA is considering a bid for Norwegian Air Shuttle ASA, in a potential deal that would help the owner of British Airways boost its market share amid increasing competition from low-cost carriers, Bloomberg News reports.

Norwegian Air’s stock price jumped as much as 26 percent on news of a potential deal.

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