Originally Posted by
Sharklet_321
People don't want to pay a bloody fortune to fly these days not only because of APD but because of the state of the average persons pockets and the fact that you can now fly to the US with Norwegian for the price of a return flight to Scotland with Flybe.
You can for the moment but Norwegian are loss making, don’t let the Q2 results with their reappraisal of shares in banks and moves in forward currency transactions fool you, net yields are less than net costs. They’re bleeding cash. Sooner or later they’re going to have to start making real profits and that will not be by selling seats below cost as they’re doing right now.