British Airways IAG Isn’t Buying Norwegian! Here’s Why…


If you have been following the ups and downs of Norwegian Airlines you will know that although they offer the best Transatlantic Premium Economy, that have been having a bit of a bad time financially.

I had hoped that IAG the parent company of British Airways, would buy Norwegian, but they issued a statement to the Stock Exchange last week saying that this wasn’t going to happen.

“International Airlines Group (IAG) confirms that it does not intend to make an offer for Norwegian Air Shuttle ASA (Norwegian) and that, in due course, it will be selling its 3.93 per cent shareholding in Norwegian.”

Refinancing has kept Norwegian afloat so far, but it’s future remains a concern, particularly as the refinancing has increased Norwegian’s debt burden. Have a read of Head For Points for a more detailed discussion, but it looks like we won’t be able to use our Avios on British Airways any time soon!

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I fly on British Airways Avios for free accrued on by my FREE Amex Gold Card. Contact me for a referral which will get you 22,000 Amex bonus points, 2,000 more than the usual offering (when you spend 2,000GBP in your first three months).

I convert my American Express Rewards directly to airline miles so that I can fly about exclusively on these.

The UK British Airways Amex Card is also a great way to collect Avios. You will receive 26,000 Avios if you spend 3,000 GBP in their first three months on the Premium card and a 2-4-1 free flight after spending 10k GBP. Our referral gets 1,000 more than the usual 25,000 Avios bonus and you can apply for this at the same time as the Gold card these cards are unrelated in Amex’s eyes.

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Reviews within this content are solely the opinion of the author and have not been sponsored, influenced, or reviewed by American Express.