BA to buy Norwegian?, 85,000 IHG points with the new chase Premier, Uber to add Getaround rentals and Jump bikes soon, Oman Air Business Class sale
– IAG (BA’s parent company) is preparing a ‘hostile takeover’ of Norwegian after acquiring a stake of almost 5%
Norwegian has refused to sell the company early so far but has run into cash flow problems. IAG has been one of the company’s closest admirer and has been jealous to see a low-cost brand succeed on long haul routes.
Norwegian shares went up as the price IAG could pay may been 30-50% more than what Norwegian is worth.
If IAG succeeds they would be able to compete better with Lufthansa and their quickly scaling Eurowings and likely take on more destinations in France and Germany where Lufthansa dominates.
– apparently Chase’ new IHG Premier card counts as a new product (you can have the sign-up bonus again even if you have/ had an existing card) and it is not subject to the dreaded 5/24 rule of Chase
You should try to get the 85,000 IHG points while this works.
– Uber is suddenly diversifying into making Getaround rentals (my Review) available from the Uber app and also dropped $200 million on a rather tiny bicycle rental start-up (that has enthusiastic riders!) to be added to the app.
– Oman Air is running a 2:1 Companion Business Class sale which might be worth if you get reimbursed for these tickets and want to fly with a companion