Takeover could cut Norwegian’s routes

Concerns are rising in Norway that an acquisition of Norwegian Air by a foreign carrier could cut its routes within Norway. Better quarterly results than expected, meanwhile, have failed to satisfy the airline’s founder and boss Bjørn Kjos. “We’re going the right way,” Kjos told news bureau NTB after releasing pre-tax profits of nearly NOK […]

Government sells off its stake in SAS

UPDATED: The Norwegian government sold off its remaining 9.88 percent stake in Scandinavian Airlines (SAS) during an auction process Wednesday morning. Torbjørn Røe Isaksen, the government minister in charge of business and trade, said the decisision to sell was based on “major changes” in an airline industry that’s now based on business and market forces […]

Strikes may hit airports

Mediation was beginning this week in an effort to ward off strikes by labour organizations representing emergency crews and technicians at Norwegian airports. The workers haven’t been willing to go along with demands for changes in pension plans. In the event of a strike by emergency crews, Stavanger’s airport (Lufthavn Sola) will likely close since […]

Norwegian takeover can threaten SAS

Norwegian Air founder and CEO Bjørn Kjos remains keen to hang on to the airline he’s nurtured over the past 15 years. A possible takeover by Lufthansa, however, would likely hurt Norwegian Air’s main rival, Scandinavian Airlines (SAS), while also creating a new giant low-fare carrier in Europe. Shares in Norwegian Air Shuttle (NAS) remained […]

Now Lufthansa is eyeing Norwegian

UPDATED: Stock in Oslo-based Norwegian Air was taking off once again on Monday, after Lufthansa said it was evaluating a possible takeover of Norwegian Air. Norwegian Air’s founder and boss Bjørn Kjos confirmed he’s had direct contact with his counterpart at Lufthansa over “interest” that can pit the giant German carrier against the Spanish and […]

IAG boss still wants Norwegian

Shares in Norwegian Air jumped again after the chief executive of International Airlines Group (IAG) said he still wants to buy the Oslo-based airline. Willie Walsh claimed he remained “open-minded” about Norwegian, sending stock in its parent company Norwegian Air Shuttle (NAS) up both on Thursday and again on Friday. NAS still isn’t trading anywhere […]

More expansion at OSL Gardermoen

Norway’s gateway airport, OSL Gardermoen, is calling in construction crews again. Just a year after opening its new terminal, airport officials see a need to expand the eastern pier that handles flights bound for destinations outside the so-called “Schengen area” of Europe. “Traffic to and from countries outside Schengen has shown considerably larger growth than […]

‘More interest’ in Norwegian Air

Norwegian Air Shuttle (NAS) reported on Monday that it still had not received any binding offer from IAG, owners of British Airways and other airlines, for shares in Norwegian Air, which flies domestic, European and, more recently, intercontinental routes. The airline’s parent claimed it had received interest in its shares from other parties.  IAG reported […]

Norwegian Air stock falls again

It seems investors have lost confidence that British Airways’ parent company will succeed in its bid to acquire Norwegian Air any time soon. After more turbulence on the Oslo Stock Exchange over the past week, Norwegian Air shares fell more than 3 percent again on Tuesday, to land at just NOK 252.40. That left the […]

Airline wins support in battle with ESA

GUEST COMMENTARY: Norway’s regional airline Widerøe is currently in the midst of defending itself against a potentially punitive and expensive regulatory action from the European Free Trade Association (EFTA)’s competition authority (ESA). The small airline, which took expensive corrective action of its own many years ago to help it operate safely in and out of […]