British Airways May Try to Kill Low Cost Transatlantic Flights

plane on runway
Apr 12 2018

What if a legacy carrier could take low cost carrier competition and – as Grover Norquist once said — “drag it into the bathroom and drown it in the bathtub?”

British Airways parent IAG has acquired a 4.61% stake in Norwegian and plans to initiate acquisition discussions. Of course IAG says they view Norwegian as ‘an attractive investment’. At this point almost no one views Norwegian as an attractive investment.

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