PPRuNe Forums - View Single Post - Norwegian B737 Pilot selection (Updated)
View Single Post
Old 1st Feb 2019, 07:09
  #1161 (permalink)  
directmisbi
 
Join Date: Dec 2010
Location: Limbo
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
According german Handelsblatt reporting on Norwegian, Lufthansa and IAG :

"The German airline also re-dipped its toe in talks for Norwegian, in case it was capable of bumping rival IAG, out of the bidding. Although IAG on Thursday said it was no longer interested in Norwegian, Lufthansa sources say the move, which hammered Norwegian`s shares, was just a strategic ploy to pressure Norwegian CEO Bjørn Kjos into signing a deal"

Norwegian media today report that the Rights Issue was a plan B ready to be launched , in case the price IAG offered was below the value Kjos wanted for the company...Kjos says the Rights Issue was ready from november, but they couldn't launch before the take over talks had ended.
directmisbi is offline