Originally Posted by
EIFFS
If Norwegian avoids another calamity of its own making or external market conditions then I would expect to see a slow recovery towards profitability going forward, but I think another loss is 2019 is now likely
I would see losses in 2019 BUT there is going to be a huge cash flow benefit in that RR and Boeing will be paying sizeable compensation, the 45 million quoted will not even be close to the final figure, lost profitability, damage to brand, management time etc etc. Cash cost I would expect to be close to this years rights issue.
Events not of your own making can change an airlines future...... 9/11 and Ryanair for an example.
Also from a passenger point of view they are a bit more forgiven when it is not airline causing the issue but manufacturer.