Originally Posted by
fruitbat
HSBC can “think” and “believe” all they want. Norwegian state is now the biggest shareholder in the company. Hard conditions have been put forth by the Government , not so much towards Norwegian, but directly aimed at its creditors and leasing companies. Participate in the restructuring of debt, and postpone leasing payments. Or end up with massive losses and aircraft which no one want at the moment. Norwegian could actually emerge from this crisis a lot stronger. Possibly with it's business trimmed down yes, but even more competitive than before.
”New Norwegian”, here we go