Originally Posted by
Kirks gusset
Quote Bloomberg and the "PLAN" "As part of the new business plan, the carrier plans to only operate 7 airplanes in the Scandinavian region until April 2021 to minimize its cash burn, and then gradually resume long-haul and European flights. Norwegian only expects normal operations in 2022. Even then, it expects to operate fewer aircraft and focus on profitable routes."no
Is it realistic to expect lease companies to allow A/C to sit around for 12 months with no, or little income, (PBH) . The maintenance alone on over 150 a/c will be millions even if they don't fly. And what about the crews and the overheads at LGW and other European bases? The more one reviews the proposal, the more one realises this is either a huge bluffing game or a complete collapse just allowing sufficient breathing space to dig in in Norway and keep the embers glowing. Without Covid they were at least heading in the right direction but now walking uphill with rucksacks of debt is a pipe dream. Let's hope their is an upturn in the UK to allow at least some crews and staff to gain employment.
What other option do the lessors have ?