PPRuNe Forums - View Single Post - Norwegian burning cash!
View Single Post
Old 27th Mar 2018, 19:24
  #78 (permalink)  
RexBanner
 
Join Date: Feb 2005
Location: Botswana
Posts: 890
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Windshearescape
There is a lot of money invested in Norwegian so the idea that they will soon give up is illogical.
Have you not even read any of the links Bondi posted (admittedly in Norwegian but there’s plenty of others elsewhere)? Investors are bailing fast. The easyJet versus BA Short Haul likened to Norwegian versus BA Long Haul is completely apples and oranges. For one thing easyJet had a sound business model. We’ve already spoken about why low cost works on short haul hence the rise of easyJet etc but that same model can’t be applied to long haul. That’s why easy were able to steal a march on BA whereas airlines like Laker weren’t.
RexBanner is offline