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Old 27th March 2018 | 19:55
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RexBanner
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https://www.nytimes.com/reuters/2018...ut-equity.html

To save you the time:

"The results of the share issue show investors have enormous confidence in the company. And they should not, because Norwegian Air is losing an enormous amount of money," said Karl-Johan Molnes, chief analyst at brokerage Norne Securities, who has a "sell" rating on the stock, said Norwegian Air should dismantle the long-haul business because it could not replicate the success on shorter routes. “Long-haul customers are mainly high-paying business-class customers, while Norwegian Air is focusing on economy customers, he said. ‘They need to dismantle it very quickly,’ he said.
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