PPRuNe Forums - View Single Post - Norwegian Lay offs
View Single Post
Old 9th Oct 2019, 09:05
  #39 (permalink)  
Plastic787
 
Join Date: Mar 2008
Location: Somewhere
Posts: 221
Likes: 0
Received 2 Likes on 1 Post
What exactly have Norwegian proven? That customers are willing to pay for a product that is being sold below cost? I think if anyone didn’t think that was the case, they’d be certifiable.. The proof in whether the model works or not is not sentiment of passengers but cold hard financials. Passengers love the A380, if that was the metric there’d be thousands of the things flying around the skies. Theres not and that’s because of the financials of the aircraft. Norwegian’s financial statements do not make pretty reading and are the ultimate litmus test of the Long Haul Low Fares model. Directmisbi what is it you believe that Norwegian are doing or what advantage do you believe they have that makes their prospects fundamentally any different to that of Laker etc? With Norwegian first of all it was expand to profitability now it’s shrink to profitability. Are there not major red flags there in that last sentence that the model is all wrong?
Plastic787 is offline