PPRuNe Forums - View Single Post - Norwegian Air Shuttle may quit Ireland
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Old 7th May 2014, 07:55
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The Flying Cokeman
 
Join Date: Dec 2005
Location: EU
Posts: 694
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LNIDA,

I agree the company needs to stop growing and consolidate. Problem is Norwegian keep expanding rapidly whilst bleeding heavily.
Today their quarterly was announced- worse off than the experts had predicted.
£80 million loss this quarter and the worrying bit is that despite the planes are full the primary reason for the loss is cost. Their costs are back to 2012 level which will cost them dearly combined with a massive expansion.





edit: forgot to put the million behind the digits :S

Last edited by The Flying Cokeman; 7th May 2014 at 08:26.
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