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Old 23rd Dec 2018, 07:39
  #109 (permalink)  
Jetavia
 
Join Date: Dec 2001
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Well Norwegian is the pride of Norway, and the country do have people with much money that might invest. For instance earlier this year investors were offered to buy more stock at a good price, they were sold with no problems.

Norwegian is a longer term investment, and has to grow to survive in the long term. The company is aware that they need to focus on some things, that’s why 2019 will be a focus year on dealing with it, thus hitting the brake, cutting loss-making routes like atlantic out of Edinburgh and Ireland . Currently the company is overcrewed at some bases, why new courses are put at hold. New 787’s used to operate instead of AOG aircraft awaiting new engines from british Rolls-Royce. Rolls-Royce also due to write a big check as compensation.

Also new swedish AOC will likely be taking over for NAI, bringing more control back to Scandinavia.

Again i am not worried, as the company do have a plan on how to handle it. And do have tools in the toolbox to improve the economics. Mind you the Airbus NEO’s were never intended to join the fleet, the deal was just to sweet to pass up. Most will be sold at a profit except some few LR’s that will be kept. The MAX8’s will keep coming.
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