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Old 7th Mar 2020, 13:23
  #129 (permalink)  
EIFFS
 
Join Date: Aug 2017
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I think there is little doubt that this is probably biggest threat to Norwegians future to date, a shame really as they have addressed many of the underlying issues through cuts to cost base, shedding its Argentinian operation and under performing routes. Ultimately cash is king Ryanair has loads and Norwegian not much at all so the fall off in bookings will hurt.

The carnage will be wide spread, if you’re told not gather in groups at school or football matches, then I can’t see people being keen to jump on an aircraft however cheap the seats.

Norwegian should be very proactive cut everyone’s wages by 50% for 2 months, if/when they get through this crisis they
can always pay it back, 50% of something is better than 100% of nothing.
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