Originally Posted by
Hibernia
It's funny to read all the Norpilots reassuring themselves that everything is ok. You seem to think they have a tracker loan, or fixed rate one? Nope. As the American market rises, one of two things will happen. Either the Trumpian aneurism in the market bursts, or interest rates rise. Let's all hope for Norwegian's sake, the former happens first. Lockerbie did for PanAm and TWA800 did for "try walking across". It won't take a crash to finish Norwegian. Bjørn Kjos will see to that.
Such doom and gloom! There are many airlines that expanded, gained market share and survived to tell the tale. Ryanair and easyJet to name just two. I remember the same things were said when these two airlines embarked on their aggressive expansion plans 15 years ago. But the strategy worked. In that time we had 9/11, SARS and a Financial Crisis which all took their toll on the economies of the world. Granted, nothing is guaranteed. And they survived. Your tales of doom and gloom are rehashed arguments that were directed at what have now become the giants of the industry!