Forbes article is assuming flying post-COVID will be normal and we still don’t know that. Most probably it will take a lot to recover “normality”.
It also states: As Norwegian restructures, it may rely on its original market's where it is better known and financial performance is strong. Norwegian gained wider attention for its global that did not come close to Norway or anywhere in Scandinavia: London to Rio de Janeiro, Rome to Los Angeles.
A word to the wise...
I still fail to see how a market after COVID can give you a strong recovery but at the same time in the same market the creditors will be stuck with an asset that will not be in high demand as aviation suffers from over-capacity in the near future (if they don't accept Jacob's plan)
Last edited by Paul737; 19th Apr 2020 at 19:01.