Originally Posted by
cavokblues
Are they actually doing anything different to what failed with Norwegian or is it just the same business plan, with the same people under a different name?
Perhaps they need Asquith on board to share his super doopa plans for Global?
I think very good lease rates coupled with the fact they aren’t spreading themselves too fast and too thin makes for a good entrant into this market.
a good video with an interview with Charles Duncan (their President) who goes over the challenges they face in winter.
You can see they’re building their balance sheet up, next years profits will be up again and the company will have less reliance on acquiring that extra capital. This extra 50mill doesn’t worry me