Tha
Originally Posted by
A and C
Perhaps MC would care to illuminate us all as to why as he says Norwegian is doomed.
Use up 20 minutes of your life and do a google search of Norwegian of anything written in the FT or by any European airline analysts. BA’s parent group picked through the financials and didn’t like much of what they saw. It astounds me that people, sensible people, head off to other airlines with zero due diligence of the place they’re joining. It is swamped in debt, it would take the smallest stagnation in the economy of Europe for the airline to come crashing down. Maybe it will be fine but it’s stupidly optimistic in the growth and marketshare it requires for the airframes it’s ordered.
People need to get out of the dark ages of thinking there’s a route structure or name that’s worth taking over. There isn’t, Norwegian could go under tomorrow and other airlines would simply pick up the market share, much like the last 2 dozen airline failures in Europe in the past decade.
On another note, the amusing part is I doubt anyone on here singing the praises of Jet2 has any idea of what they pay
DEC.