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Old 7th Apr 2020, 09:54
  #218 (permalink)  
NEDude
 
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From what it seems like, the people within the Norwegian government who are willing to offer some help for Norwegian, want to do so on the condition that it consolidates its operations to the Scandinavia short-haul markets, with possibly some limited long haul operations to the States or popular holiday areas. The problem with this is that Norwegian is so laden with debt that a smaller airline has zero chance to earn the revenue to ever pay off the debt. Of course as we have seen, even a larger airline will struggle with ever paying it off such massive debt. So management is stuck between a rock and a hard place. IMHO I think we will see Norwegian go bankrupt, and a new Norwegian will emerge with significantly smaller operations.
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