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Old 14th May 2020, 19:03
  #652 (permalink)  
Kirks gusset
 
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Virgin are planning on hoovering up the capacity with extra destinations and flights from LHR in 2021, that's assuming they survive!

Meanwhile, in the bank market, loan-to-value ratios going into the crisis were as high as 85%, albeit for safer credits than Norwegian. On the basis of less-bullish appraisal values on the aircraft, those ratios were above 95%, even before the coronavirus crisis, according to one aviation finance consultant working for German clients.
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For NAS it's not if, but when the cash runs out, and it may be very difficult to access further funds meaning the survival plan may already be in jeopardy.
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