BA Owner Still Likes Norwegian, Sees Qatar Pact Exit: IAG Update - Bloomberg:
IAG SA CEO Willie Walsh dropped a couple of late bombshells at the British Airways owner’s investment day on Friday, saying his company hasn’t given up on buying Norwegian Air Shuttle ASA and that Qatar Airways, the U.K. group’s biggest investor, may quit the Oneworld Alliance.
Walsh said IAG’s interest in Norwegian may start dimming over time after it had two bids rejected, but still sounded keen on a deal, adding that he’s constantly monitoring the situation. The remarks regarding Qatar Air amount to the first independent confirmation that it was serious in a recent warning that it could walk away from Oneworld amid tensions with other members.
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