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Old 22nd Sep 2019, 13:36
  #61 (permalink)  
JonEMA
 
Join Date: Mar 2010
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More 787 groundings

Originally Posted by directmisbi


Norwegian will deliver according latest analysts from SEB

We will see that when the Q3 figures are presented in October, and the company provides positive guidance for the challenging Q4 and Q1 periods. As the effects of consolidation from growth to profitability begin to hit in full, compensation from Boeing and Rolls Royce comes into account, wet lease of aircraft declines and one scaled-down winter program with its own planes begins, Norwegian will be on its way to profitability. Credit card issuers will release the 70% cash flow plug, provided that Q3 and guiding are delivered beyond expectation, and Norwegian is well placed to renegotiate credit terms. This can give almost normal credit card sales cash flow, when the important sales for the summer season 2020 are launched in late December, thus there will be no credit crunch and working capital under NOK 1.5 billion. The share issue ghost stays in the closet behind a locked door. CEO Geir Karlsen will deliver and had he not had faith in it himself, then the company would have already started a share issue or conversion of debt to equity to secure the company's position for the winter.
https://www.thetimes.co.uk/article/rome-blowout-turns-up-heat-on-rolls-royce-s-trent-engine-nb6svvcs

​​​​​​What now for DY ?


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