Originally Posted by
ManaAdaSystem
uncle-traveling-matt
Not what they said. They say it’s going to be difficult to sell these aircraft, due to the current marked. Moving an aircraft from Norwegian to one of the leasing companies who owns Norwegian doesn’t make much sense. Or money.
Geir Karlsen (CFO) specifially mentioned that the leasing companies would be part of the solution. The power by the hour arrangement and future grace of 20 percent on the leasing rates going forward plus the fact that leased frames are basically provided free of charge until april next year, proves that thesis.