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Lufthansa hints at Norwegian talks

Lufthansa CEO Carsten Spohr has hinted to German media that the group may be considering bidding for low-cost carrier Norwegian.

The news comes after International Airlines Group (IAG) purchased a stake in Norwegian with a view to eventually submitting a full take-over bid.

Talks between Norwegian and IAG have led the low-cost carrier to reject two bids from the group, but CEO Willie Walsh said at the GTMC Overseas Conference last week that he is still interested in continuing the discussion.

German newspaper Suddeutsche Zeitung quoted Spohr as saying: “There’s a new wave of consolidation approaching. That means we are also in contact with Norwegian.”

He continued: “Takeovers are always a question of strategic value, the price and anti-trust. There are no easy answers.”

Both Lufthansa and IAG have entered the low-cost market, the former with Eurowings and the latter with Level, and have taken measures to compete with budget carriers, such as introducing hand baggage only fares on certain routes across their respective airlines.

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