British Airways owner makes audacious run at Norway crown jewel

IAG, THE PARENT COMPANY of British Airways is considering a takeover of Norwegian Air. / BLOOMBERG FILE PHOTO/SIMON DAWSON
NEW YORK - It’s a long shot, the advisers cautioned. But IAG boss Willie Walsh relishes a tough assignment. And so the acquisitive Irishman took an audacious plunge into Scandinavia. The target: Norwegian Air Shuttle, the aviation pride of its home country and a pioneer in the turbulent air of low-cost long-haul services. The risks are…

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