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Old 12th May 2008 | 09:52
  #7 (permalink)  
Kingsnake
 
Joined: Oct 2004
Posts: 50
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From: On the sunny side of the street
Norwegian will go bankrupt at the end of this year.

Read their quarterly report for first quarter 2008.

The negative result is 5 times greater than last year. Norwegian has an accumulated result of minus 350 million nkr since 2004. They are not making money nor is there any reason to believe they ever will. They certainly will not in 2008 - that year is busted already.

You read it here first

brgds Kingsnake
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