Originally Posted by
EIFFS
eviedence please rex? These cuts are to the short haul 737/max operation not long haul!!
Can you read a balance sheet? If so I refer you to Norwegian’s financial statements. Norwegian’s RASK is below its CASK on its long haul operation consistently. It’s clear it’s a money losing exercise unless you seriously think punters paying £170 to fly to LAX in a brand new Dreamliner is a viable money making concern going forward. If you do you’re living in cloud cuckoo land.
They’re cutting the 737 operation because hubris is involved here. It’s that very human thing of pride. They don’t want to do the sensible thing and admit the low cost long haul experiment has failed (yet again) instead they’re going for broke (quite literally) by doubling down on it.