Norwegian Air CEO Says Bid Approaches Go Beyond IAG and Lufthansa
Norwegian Air Shuttle ASA Chief Executive Officer Bjorn Kjos said his company has attracted takeover interest from multiple potential bidders and remains open to a deal on the right terms. While British Airways owner IAG SA has had two offers rejected and Deutsche Lufthansa AG is looking at submitting a proposal, Kjos said in an interview Tuesday that “several others” are also interested. The parties are all “very well run airlines with good people,” according to the CEO, who said that Norwegian Air would be a better fit for a European carrier rather than an American or Asian one.