Originally Posted by
vikingivesterled
For they who where contemplating a long distance low cost operation there is something to be said for buying the company for sub 80 million euro without its overpriced plane leases and then negotiate with each batch of planeowners for a post corona pricing plan. With luck and financial patience one could even get the inital purchase price ++ back from Boeing in Max settlements. There is multiple AOC's, a governements approved transatlantic route network and a batch of new planes, already built so cheaper than new, to get quickly started post lockdowns, and a market name slightly more respected than the bottom of the low fares pile.
One would think that would be better than pursue expansion in the lowfares space overcrowded european market. In addition one would have a strong out of the blocks foothold in the intra Norway and Scandinavia markets which was always the moneyspinners Norwegian used to finance their longhaul. Trondheim-Oslo (with cheapest fares of 100 euro equivalent even out of season) is a core route with volume levels and frequency comparable to Dublin-London . Bergen-Oslo and Oslo-Copenhagen was not far behind in volumes.
Also there is brand value, atleast to some extent. They're after all biggest foreign carrier out of NY, so that definitely has some value in it.