PPRuNe Forums - View Single Post - Norwegian burning cash!
View Single Post
Old 6th Oct 2017, 15:08
  #9 (permalink)  
Boeing 7E7
 
Join Date: May 2003
Location: UK
Posts: 427
Originally Posted by Capot View Post
If Norwegian gets caught by an unforeseen, unplanned for and therefore catastrophic rise in interest rates on their large debt, or indeed a rise (connected?) in the value of the repayment currency vs their primary income currency, they wouldn't be the first expansionist low-cost airline to be brought down in flames by that, just when it was all going so well.

Would they, Sir Freddie?
By that logic, maybe we should just stay at home and do nothing. Just in case something (bad) happens!

The demise of Laker had more to do with BA on this side of the Atlantic and the large airlines in the US on that side of the Atlantic conspiring to dump seat prices on the routes that Laker competed on. Their express aim was to drive Laker out of business. You remember those massive US airlines: Pan Am and TWA - Oh wait, they went bust too!
Boeing 7E7 is offline