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Hard times for Norwegian

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Hard times for Norwegian

Old 15th May 2021, 13:19
  #1261 (permalink)  
Join Date: Feb 2005
Location: EU
Posts: 115
Kirks gusset

Bloody disgusting, then you have still people believing the company is worth resurrecting.
Scrap it and start compensating the crew, these managers are worse than the Alitalia ones
iome is offline  
Old 27th May 2021, 20:39
  #1262 (permalink)  
Join Date: Nov 2002
Location: Dublin
Posts: 650
"We're back" they say, followed by the naming of a new chairman and shares falling 49% .. but still above the capital issue price of 6.26 NOK, demand projected for the future but new "competition" forcing prices down and "loyal customers" not so loyal after being denied refunds and can't spend the points. If they stay as a regional state supported airline they may last long enough to reap the recovery after Covid.
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Old 28th May 2021, 09:29
  #1263 (permalink)  
Join Date: Dec 2020
Location: Scandinavia-home of the midnight sun.
Posts: 10
Well, they are now going to compete on their home Norwegian turf with not only SAS, but also Wizz and new start-up Flyr. Norway domestic will be brutal come fall.. In Sweden they will not only compete with SAS, but now Ryanair is opening a base at ARN... How deep are their pockets?
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Old 28th May 2021, 09:56
  #1264 (permalink)  
Join Date: Nov 2018
Location: NAT-HLA
Posts: 70

Just rumor, cannot confirm, but did anyone here heard about the ex-ek and ex-wzz manager who called the pilots to let go "bad apples" joining Norwegian in a management capacity?

A321drvr is online now  
Old 29th May 2021, 20:47
  #1265 (permalink)  
Join Date: Mar 2006
Location: Not where I want to be
Age: 67
Posts: 258
shared reality

Wizz is out of Norway, tail between legs.
Ancient Mariner is online now  
Old 29th May 2021, 20:54
  #1266 (permalink)  
Join Date: Nov 2013
Location: Under a gooseberry bush
Posts: 60
Also heard an unconfirmed rumour that HEL and CPH were to be expanded after restructuring and, depending on position on MSL, surplus/furloughed crew from Spanish bases were potentially going to be relocated.
BWSBoy6 is offline  
Old 30th May 2021, 08:16
  #1267 (permalink)  
Join Date: Nov 2002
Location: Dublin
Posts: 650
Fish pie in the sky!

Unlikely any Spain crew will be driving anything until after Feb 2022 according to feedback to Unions.

Norwegian will plan on only operating minimal aircraft numbers until load factors increase,
"It is not expected that demand for short-haul travel in Europe will return to 2019 levels before 2023 or 2024 and so Norwegian will deploy capacity back into the market at a pace that matches this," the airline said in a statement.

The carrier is currently operating nine aircraft, mainly on Norwegian domestic routes.

Once travel restrictions lift, it plans to ramp up operations to a peak of approximately 50 short-haul aircraft in 2021 and approximately 70 short-haul aircraft in 2022,
The PBH agreement only lasts 10 months and therefore they need to preserve cash, now forecast only 30 plus airframes working until end of 2021unless demand picks up. Let's face it, we are half way through the year, 3/4 of the way through the summer season and bookings are 10% of where they should be for most airlines.
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