If you grab the Kingsnake by the tail, he might not be able to bite.
NORWEGIAN
1. Larger and more costly operation, than before.
2. Restarting flights to LYR! Mistake! Costly!
3. Starting BDU against public interest. Mistake! Costly!
4. SAS starting Leisure in direct competition with NAS. BIG problem for NAS! Costly!
5. Fuel price! NAS paying full price! Very costly for a low cost company.
6. World economy indirectly affecting peoples pockets. People travel less on vacation, while NAS is getting more seats to fill. Costly!
7. The difference in ticket price between the legacy airlines and the low cost airlines smaller. Costly.
8. NAS raising the ticket price, less pax. Costly!
9. Few pilots willing to pay for T/R.
10. SAS might hire next year. Loss of pilots. Costly!
11. Diff. training from classic to NG. Costly!
The list goes on.....
Maybe not bankruptcy, but a changed NAS perhaps!?
Empati, (Black Mamba
)