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Both Norwegian and British Airways fly to Austin with the Boeing 787-9 (Photo: AirlineGeeks | Mateen Kontoravdis)

Norwegian Rejects Two Buyout Offers From IAG

Norwegian Air Shuttle confirmed on Friday that it has rejected two separate offers from International Airlines Group (IAG), the parent company of Aer Lingus, British Airways, Iberia, LEVEL, and Vueling. The news comes just weeks after IAG purchased 4.6 percent of the low-cost airline, which has created some tough competition for airlines within IAG, both on short-haul and long-haul flights. News of the two bids by IAG became apparent during an investor presentation by the company, where the airline announced a…

Norwegian Air Signals That Other Airlines May Be Interested in…

Norwegian Air Shuttle (NAS) CEO Bjorn Kjos has divulged that the airline has been approached by other parties interested in buying a stake in the Norwegian-based carrier after it was reported on April 12 that the International Airlines Group (IAG) had taken a minority stake. In an interview with Reuters…

IAG Group Gets Stake of Norwegian Air Shuttle, Prepares Buyout…

In a statement released this morning, IAG Group, the holding company that controls British Airways and Iberia, among other companies, confirmed that it took a major step towards the acquisition of Norwegian Air Shuttle. The statement indicates that the company bought an ownership position of 4.61 percent, which allows IAG…

Low-Cost Airlines Crossing the Pond: LEVEL

Since the introduction of numerous low-cost airlines to the transatlantic market, access to Europe has never been easier or cheaper. New fuel-efficient aircraft and low-cost business models have allowed for increased competition among low-cost carriers, with more and more starting up every year. This series will serve to give an in-depth…

IAG Calls for Easing of UK Visa Restrictions for Chinese…

The importance of air route connectivity between the UK and China has long been touted as one of the reasons to expand London’s Heathrow Airport. With the world’s busiest two runway airport currently at capacity, the addition of new routes to China has been restricted, making it near impossible for…

Formula One Legend Niki Lauda Beats IAG to Regain His…

Formula One legend Niki Lauda, who survived a horrific crash at the German Grand Prix in 1976 and has since shifted his endeavors to the aviation industry, has defied the odds again and successfully bid for the return of the airline he founded in 2003. Reuters reported on Tuesday that…

Iberia Announces First Airbus A350 Long-Haul Route

During an event at Fitur, the International Tourism Fair in Madrid, Spanish airline Iberia announced the first route for its new Airbus A350-900 aircraft to New York's JFK Airport. However, the airline did not go as far as to announce a start date for the aircraft, and no updated schedule…

LEVEL Lands a New Hub In Paris

From July 2018, the International Airlines Group (IAG) will launch new flights from Paris to Montreal, Newark, Guadeloupe, and Martinique under thr brand LEVEL, the company’s low-cost long-haul brand. LEVEL was founded in early 2017 by IAG partly in reaction to low-cost long-haul carriers such as Norwegian Air Shuttle, who…

IAG Profits Rise Despite Challenging Environment

International Airlines Group (IAG), the multi-national airline holding company, has announced that its operating profits have risen by an incredible 37 percent to €975m in the past six months, up from €710m during the same period last year. The company, which currently owns Aer Lingus, British Airways, Iberia, Level and…

Norwegian Brushes off Concerns Regarding IAG’s Level

Norwegian Air CEO, Bjorn Kjos, announced yesterday that he is not wavered or concerned about IAG’s plans to start a low-cost airline offering transatlantic flights. Norwegian Air has all but dominated the low-cost, long-haul market from their base at London Gatwick, where with their young fleet of Boeing 787’s have managed to…