Originally Posted by
truckflyer
Every company will need massive amount of recurrent training. Can you imagine crews being 3-4 months out of currency, I struggle to see how they will find enough Sims and trainers to be able to do this very quick.
So as for NAS regarding the crews, that won't be worse than any others, most likely it is easier to get government help now they got rid of all the non Core crews, than again who knows.
They haven't really got rid of the non-core crews yet. They've made the announcement, but actually have not physically done it. And that's because it's illegal and can't be done.
Today RYR received a huge sentence in Spain for the same reason. You can close bases and fire people, but you can't declare bankruptcy wherever you wish and keep flying in Norway like nothing happened because they will simply eat them in court.
Also, remember that firing staff gets rid of salary expenses, but the massive debt belongs to norwegian, no its subsidiaries. And no creditor or government is going to bail them out to keep a small operation in Norway simply because it's not worth it. It's actually much cheaper to let it go bust and start from zero without the liabilities.
All rumour aside, we will find out soon what the final outcome is on May 4th.