Norwegian

[Alteagod]

It does all seem a bit of bag of rabbits at this stage or is it a box of frog's. As a furloughed groubd staff employee my heart goes out to all the staff.

[Gurnard]

Three new 787s have not been taken up by Norwegian but have flown to VCV for storage (G-CLJN & SE-RXA & SE-RXB).

[fanrailuk]

The end is near...

Things not looking too rosy at Norwegian:

Norwegian suffers body blow as government rules out more support

[Albert Hall]

"Norwegian Air has asked for billions of crowns in additional support and the government has concluded that this would not be a responsible use of public funds," Industry Minister Iselin Nyboe said.

Norwegian's response that they are Norwegian, called Norwegian and are part of Norway for 20 years rings rather hollow. Had they not gone off on the most outlandish of expansion sprees across Europe, USA, Argentina and so on, they might still be OK.

[Mr @ Spotty M]

If they are pointing out that they are are a Norwegian airline, then why do they have so many aircraft registered outside of Norway.
I have come across the following figures that might not be 100% accurate.
Found 110 aircraft registered, but less than a quarter under a Norwegian registration, total using a LN reg is 25.

[davidjohnson6]

Appeals to nationality by companies are usually reserved for desperate times. I've used them a lot over the years, but I really can't see how a company that struggled to be profitable in the boom years can survive in the very bad days we are in now

[southside bobby]

The void produced at LGW will prove to be very interesting if Norwegian collapse as BAW & EZY are in no position to acquire & utilize the slots...

Que WZZ/WUK.

[pabely]

If Norwegian do collapse it will be interesting what the Gatwick slots will be worth from what they used to exchange hands for.

[LGS6753]

https://www.travelmole.com/news_feat...ews_id=2045010

Further consolidations announced

[racedo]

Originally Posted by pabely

If Norwegian do collapse it will be interesting what the Gatwick slots will be worth from what they used to exchange hands for.

Lots of Boeing aircraft possibly seeking a new home. Boeing now doubt would be keen to place with an existing Boeing operator they have history with whom they know will pay.

[insuindi]

Oslo Stock Exchange has suspended the trading of Norwegian shares for now. Some sort of statement expected from Norwegian apparently.

[davidjohnson6]

Bankruptcy filing in Ireland - or strictly speaking, they have sought examinership

[alm1]

That's not the main entity going bankrupt. They sent subsidiaries to bankrupcy before - like Norwegian Air Sweden. Now Norwegian Air International and some other. So that still not the end yet.

[davidjohnson6]

Alm1 - I admire your optimism, but historically when an airline has put a major subsidiary tbat owns a substantial number of assets (ie aircraft) into bankruptcy - not just a staffing company, it's extremely difficult to keep this isolated and prevent the rest of the company from being sucked into the black hole as well

Maybe the red noses will still be in the air at Xmas 2021, but they will have to fight very hard