Originally Posted by
calypso
It seems to me that Norwegian is finally trying to put its house in order. Closing unprofitable routes, selling non core assets and re-structuring debt is part of that. Maybe painful short term but definatly the right thing to do to get back on track.
Interesting spin - but being forced into delaying debt repayment can hardly be regarded as"putting your house in order". Apart from anything else, it will make future debt more expensive