Lufthansa to place a bid on Norwegian

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Inquirer
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Lufthansa to place a bid on Norwegian

Post by Inquirer » 18 Jun 2018, 11:19

Lufthansa has said it is in talks with Norwegian to see if they can place a friendly take-over bid.

https://www.bloomberg.com/news/articles ... ulling-bid

Norwegian has previously also been courted by IAG, but turned down any offers.

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sn26567
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Re: Lufthansa to place a bid on Norwegian

Post by sn26567 » 18 Jun 2018, 11:43

Inquirer wrote:
18 Jun 2018, 11:19
Lufthansa has said it is in talks with Norwegian to see if they can place a friendly take-over bid.

https://www.bloomberg.com/news/articles ... ulling-bid

Norwegian has previously also been courted by IAG, but turned down any offers.
https://www.aviation24.be/airlines/lufth ... aul-bases/

The original article is in the Süddeutsche Zeitung:

http://www.sueddeutsche.de/wirtschaft/m ... .4019311-3
André
ex Sabena #26567

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cathay belgium
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Re: Lufthansa to place a bid on Norwegian

Post by cathay belgium » 18 Jun 2018, 13:08

Hi,

Let's hope they kick CS ass !

Prefer O'Leary then ;)

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New types flown : A223,AN24,AW139,B737MAX8,B763nonER,DH Dragonrapide,EMB110 Bandeirante, Shorts360,Autogire MTOsport2010

Passenger
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Re: Lufthansa to place a bid on Norwegian

Post by Passenger » 18 Jun 2018, 14:30

cathay belgium wrote:
18 Jun 2018, 13:08
Hi,
Let's hope they kick CS ass !
Prefer O'Leary then ;)
CXB
And I hope CS succeeds, and MOL is kicked in the...

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cathay belgium
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Re: Lufthansa to place a bid on Norwegian

Post by cathay belgium » 18 Jun 2018, 15:12

Hi,

Thé massive growth of LH , the dissapearing of DY,AB,.. will lead you a monopoly of some players ,...
This won't be good for the fares in the future .
Love or hate Ryanair but they were THE factor fares dropped dramatically 10 years ago and that airlines we're and are booming...

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New types flown : A223,AN24,AW139,B737MAX8,B763nonER,DH Dragonrapide,EMB110 Bandeirante, Shorts360,Autogire MTOsport2010

Bralo20
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Re: Lufthansa to place a bid on Norwegian

Post by Bralo20 » 18 Jun 2018, 15:31

Guess that Eurowings is to slow in growing, he needs another airline for his pet project...

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Re: Lufthansa to place a bid on Norwegian

Post by JustPlanes » 19 Jun 2018, 06:04

I hope Norwegian is smart enough to friendly decline unless they are forced to because of financial problems... but if they're able to survive on their own I would hope that would be the case or else pretty soon there will be very few airlines in Europe just as is the case in the USA and its not good for the public!

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Re: Lufthansa to place a bid on Norwegian

Post by Ansett » 21 Jun 2018, 20:05

CS's comments and investment policies are inconsistent.
He has recently denied investments (in new aircraft) for OS ans SN because they don't perform well enough according to the Kaiser.
Now, he is apparently prepared to spend a lot of money to acquire a loss-making airline to help him expand another loss-making airline, instead of giving OS and SN the proper means to become more profitable.
Or is the hidden agenda only to eliminate a competitor ?

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