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Old 27th Apr 2020, 10:52
  #512 (permalink)  
Copenhagen
 
Join Date: Feb 2001
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https://www.norwegian.com/globalasse...april-2020.pdf

The presentation to bondholders is above.

The survival strategy seems to be 'screw everyone'

Page 17 =

"Other payments halted, including (but not limited to) ground handling, payments to OEMs, hedges, debt and lease payments"

" Filed for bankruptcy for Norwegian's pilot and cabin crew companies in Sweden and Denmark to further reduce costs Cancelled crew agreements with a number of jointly-owned OSM Aviation subsidiaries, all together affecting 1,571 pilots and 3,134 cabin crew Only 200 employees remain in operations"


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