Originally Posted by
Brenoch
They’re 60 BNOK in debt
Govt support at best 3 BNOK, with a fair few hoops to skip through. I’m not a wizard with numbers but I can not, for the life of me, see It happening. This is a dead horse that’s been flogged for far too long.
The "experts" have been saying that for five years. Seriously, CAPA reported that Norwegian was in an unsustainable position in February 2015. Yet Norwegian is still here. Obviously there is something going on behind the scenes that the "experts" are not fully aware of. Yet none of them have acknowledged that. I fully agree that things don't look good for them. But clearly there is a lot more to the financial dealings of Norwegian than many are aware of.