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Old 19th Sep 2018, 18:23
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If you ran a few business you accountant would try to get you to run a loss to offset tax!

Did BMI ever make a profit?!!
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Old 19th Sep 2018, 19:24
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789's

No sign of any let up with 787 engine maintenance - 4 x Norwegian 789's now at BHX with at least two on the terminal remotes.

Not sure if any were actually inside MAEL..

Amazing to have 4 on maintenance at any one time let alone at one facility.

Pete
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Old 19th Sep 2018, 19:46
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If you ran a few business you accountant would try to get you to run a loss to offset tax!
What a load of b0ll0x!
Having run numerous businesses, public and private, I have never received advice like that from an accountant.
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Old 23rd Sep 2018, 22:36
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We have just returned from a trip to colorado - we had to book at fairly short notice which meant that any flights from up here in Scotland were extortionate (£1200+ each and all indirect flights),after examining a few options (all indirect) we took a calculated risk and booked LGW - Denver non stop/direct with Norwegian for the cheapest fare I have ever paid for a transatlantic flight.
We departed on time from LGW in a 787 (I would rather have been in a 747/757 etc ) had a very tasty meal and arrived safely on time,we had booked the normal cattle class (not the absolute cheapest fare),legroom was just about ok for me (5' 11''/182cms) and comfy enough with a couple of walkabouts occasionally.
We returned last thur/fri,there was a delay with the incoming a/c (weather delay ?) so we boarded just over an hour late - then Capt Jinx told us we would still arrive on time LOL - shortly afterwards there was a further delay (slight tech issue ??) and we departed approx 2 hours late but had a reasonable tailwind (720 GS at one stage) and arrived at LGW perhaps 1 hour late (cannot remember exact times),the meal on the return journey was extremely bland but we survived it LOL
So the trip was successful - we had a great holiday and Norwegian flew us safely both ways for a good price,even with the long drive down to LGW and car parking etc we saved lots of dosh,and we visited friends on the drive back north anyway to make the most of the long drive.
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Old 24th Sep 2018, 18:42
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All Norweigan transatlantic flights from belfast to be terminated following in footsteps of same announcement from Edinburgh a few days ago... looks like the plan to fly to random east coast airports wasn’t such a money winner after all. Who would have thought !
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Old 24th Sep 2018, 21:12
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Originally Posted by Captain_Caveman
All Norweigan transatlantic flights from belfast to be terminated following in footsteps of same announcement from Edinburgh a few days ago... looks like the plan to fly to random east coast airports wasn’t such a money winner after all. Who would have thought !
Not exactly, EDI has been cancelled because of APD and BFS cancelled because of leakage to DUB. I know this is the has been the case for some time, and Norwegian have just shifted the capacity to Ireland instead and fleshed out the DUB schedule as well as SNN and ORK.
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Old 24th Sep 2018, 21:18
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APD and leakage both account to the same thing- they couldnt make it work!
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Old 24th Sep 2018, 21:45
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Originally Posted by VickersVicount
APD and leakage both account to the same thing- they couldnt make it work!
It does work from Ireland though, which is why they are increasing SWF and PVD from DUB.
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Old 24th Sep 2018, 22:57
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Originally Posted by toledoashley
It does work from Ireland though, which is why they are increasing SWF and PVD from DUB.
i didn’t mention dublin, I said Belfast and Edinburgh. It’s clear that there is not enough demand for flights from these airports to the east coast to make a profit ! IMHO I think their narrowbody transatlantic operation will end up being a very niche part of their overall network unless they change their choice of American airports.
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Old 8th Oct 2018, 20:26
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NewsNow: Loading story...

Link to a story that Norwegian now a bigger carrier in the New York area than BA.
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Old 9th Oct 2018, 18:44
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I can guess which airline is making more money flying to the New York area.
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Old 9th Oct 2018, 19:30
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and which one might be making any money on NYC routes in a few years!
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Old 23rd Oct 2018, 06:01
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All gone very quiet on the Norwegian front?

Have they sufficiently steadied the ship or how is the fuel price increase impacting them? Will a deal be done quietly with IAG? Not sure when the next trading update is due...
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Old 23rd Oct 2018, 07:55
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The South American route (we all know what it is!) is going to be announced at the end of November. There is an ambition to cease all wet leasing, so there are going to be some reductions in France and Italy to counter that.

Next trading announcement I believe is the middle of November.
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Old 23rd Oct 2018, 22:07
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Originally Posted by toledoashley
The South American route (we all know what it is!) is going to be announced at the end of November. There is an ambition to cease all wet leasing, so there are going to be some reductions in France and Italy to counter that.

Next trading announcement I believe is the middle of November.

I believe next trading announcement is tomorrow.

Share price well down down the last 10 days.
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Old 24th Oct 2018, 05:49
  #376 (permalink)  
 
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Originally Posted by EIFFS



I believe next trading announcement is tomorrow.

Share price well down down the last 10 days.
Most airline share prices are down - just look at easyJet or Wizzair, even Ryanair - they are all down. Must have been getting confused with flyBe, their results are November.
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Old 24th Oct 2018, 14:12
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My bad Q3 results released tomorrow morning at 08:30 ������
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Old 24th Oct 2018, 15:11
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Originally Posted by EIFFS
I believe next trading announcement is tomorrow.
Share price well down down the last 10 days.
https://investor.ryanair.com/share-price/

This allows comparables between airlines and as someone else said they are all down.

Put it down to
Oil Prices
World uncertainity
Brexit
Time of year
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Old 26th Oct 2018, 16:13
  #379 (permalink)  
 
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Share price up from 18 on Tuesday to 23 EUR by today. Looking at the whole market this is a nice performance. Any take over rumours behind thins?
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Old 3rd Nov 2018, 10:39
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From a Reuters news feed.

Norwegian Air sells five Airbus 320neo aircraft.

Budget airline Norwegian Air has agreed to sell five Airbus 320neo aircraft as a part of its plan to ease capital commitments and strengthen its balance sheet.

The aircraft, which will be delivered in the fourth quarter of 2018, are currently leased out and not operated by Norwegian Air, the company said on Friday.

"Sale proceeds will be used to repay debt and to increase the Company´s liquidity," Norwegian Air said.

Liquidity is expected to increase by $62 million after the repayment of debt, it said.

Norwegian Air has committed to buying 210 new aircraft from BoeingBA.N and AirbusAIR.PA by 2020 and has said as many as 140 planes could be sold over time as a part of the renewal of its fleet and to help reduce debt.

Norwegian Air said last week it is in advanced talks with an unnamed partner on a fleet joint venture and hopes to give more information before the end of the year.

Europe's third-largest budget carrier by passenger numbers has grown rapidly, but fast growth has left it under pressure to control costs and shore up its balance sheet.
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