Norwegian Air Shuttle ASA CEO has not ‘thought of selling’ 27% stake

    Norwegian Air Shuttle ASA CEO Bjorn Kjos stated although the LCC is “flattered” by IAG‘s potential interest in making a full offer for Norwegian Air Shuttle ASA, he has not “even thought of selling”, adding: “what’s interested me is to run the company, I’ve not thought about shares or a sale” (Reuters/Bloomberg, 13-Apr-2018). Mr Kjos, who holds a 27% shareholding in the LCC, said the IAG‘s interest is not a surprise as other airlines have expressed similar interest in Norwegian Air Shuttle ASA, but said selling “has not been on our agenda at all”. As previously reported by CAPA, IAG acquired a 4.6% stake in the LCC in Apr-2018.