Originally Posted by
toledoashley
The Irish routes were especially popular with Americans, although Irish preferred to fly with Aer Lingus - so maybe that was a part of play. However, Norwegian’s line is that it isn’t profitable running them with weight restricted 737-800’s and there is no certainty in the MAX situation - so they would rather cancel them.
At the moment there is a recession happening, warning signs have been there for a while. Max issue allows a withdrawal from the market, maybe to return on another occasion or another operator to do so.
Indebtedness is worse than 2008, company debt is worse, national debt is worse and western world is slipping into a recession.
Max issue will help a lot of companies because it allows consolidation of routes and more importantly Boeing will be paying a lot of cash out.