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Search: Posts Made By: Kirks gusset
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28th Oct 2021, 21:18
Replies: 69
Views: 30,363
Posted By Kirks gusset

https://www.ipapilot.com/about-us/blog/bonds-–-nec...

https://www.ipapilot.com/about-us/blog/bonds-–-necessary-evil

Worth a read
21st Jun 2021, 16:46
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

That's the ticket! reward the hard work with a...

That's the ticket! reward the hard work with a sacking, kind of sounds familiar! But.. making him work his notice until March .. that is just plain spiteful
9th Jun 2021, 20:39
Replies: 22
Views: 6,578
Posted By Kirks gusset

COVID-19 Impact on EUROCONTROL Member States - United Kingdom

The briefing (available for download below in English) provides key facts and graphics and is one of a series covering the impact of the crisis on countries across Europe...
2nd Jun 2021, 19:42
Replies: 60
Views: 26,788
Posted By Kirks gusset

At a guess I would say that would be the marks on...

At a guess I would say that would be the marks on the concrete whilst maintaining situational awareness and trying not to hit anything! and for those that say they are "faded" must never have taxied...
30th May 2021, 08:16
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Fish pie in the sky! Unlikely any Spain crew...

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...
27th May 2021, 20:39
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

"We're back" they say, followed by the naming of...

"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"...
15th May 2021, 09:58
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

It's interesting to see the current "insiders"...

It's interesting to see the current "insiders" are subscribing to the new share offering, the CEO will get 300K worth, as always the devils in the detail. No speculation here then !The following...
11th May 2021, 12:14
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Of all the Nations you don't want to upset! ...

Of all the Nations you don't want to upset!

https://www.aviation24.be/airlines/norwegian-air-shuttle/french-based-staff-still-not-fired-no-indemnities-for-two-months/

Shares fell today in line...
8th May 2021, 11:12
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Interesting link, especially the section on...

Interesting link, especially the section on risks:

Euro charges, (they are likely to need a bond/deposit as they still owe significant amounts)
Tax liabilities ( court case 20th May)
Ownership...
14th Apr 2021, 15:08
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

As predicted they now realise the initial money...

As predicted they now realise the initial money raised will not be enough:

https://www.irishtimes.com/business/transport-and-tourism/norwegian-air-to-raise-more-money-than-planned-1.4536968

The...
13th Apr 2021, 17:52
Replies: 58
Views: 26,249
Posted By Kirks gusset

We often used "all adult weights" or "standard...

We often used "all adult weights" or "standard charter weights " which came close to 76KG an adult, probably so the baggage could be "legally loaded"! Looking at some of the Arab country and German...
12th Apr 2021, 09:04
Replies: 24
Views: 16,874
Posted By Kirks gusset

Boozing in sleep?

https://aviationsource.news/general-news/norwegian-flight-crew-member-must-have-drunk-in-her-sleep-sentenced-to-prison-for-alcohol-level-in-blood/

O Dear!
27th Mar 2021, 09:07
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

26th March to 9th April Voting period for the...

26th March to 9th April Voting period for the creditors in Norwegian Restructure

26h March to 26th April Appeal window for Irish process

9th April to 9th May Appeal period for Norwegian process...
25th Mar 2021, 09:33
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

" To continue operating EU-registered aircraft,...

" To continue operating EU-registered aircraft, you may seek a licence validation from any of the EASA Competent Authorities, which would be valid for aircraft registered in any EASA Member State."...
24th Mar 2021, 16:50
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

There is no "external investment" the 24 Million...

There is no "external investment" the 24 Million was the initial share capital, and with kjos's hubris the potential investment could be small. As for priority for ex NAS pilots? why? it's a...
19th Mar 2021, 22:26
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Notwithstanding the grace given by a "transition...

Notwithstanding the grace given by a "transition period"



In other words a new UK AOC would require UK Control by UK Nationals.
16th Mar 2021, 12:41
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

The Virgin slots at Gatwick are no longer...

The Virgin slots at Gatwick are no longer available. Some pairs leased from Norwegian were returned, Norwegian then sold these. The remainder have gone to other carriers.
Having said that LGW is...
15th Mar 2021, 21:34
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Meanwhile back in LA La Land, NAS stock placed on...

Meanwhile back in LA La Land, NAS stock placed on the penalty bench as the rules regarding the securities issued where broken. Now the Board is urging the existing Bond Trustees to accept the forced...
15th Mar 2021, 20:00
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

According to the "press release" they raised 24m...

According to the "press release" they raised 24m USD in investment.. just about enough to put lease deposits on 3 aircraft ! 12 half price! my Arse! but amusing way to start the week...
14th Mar 2021, 21:20
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Looks about right, the "plan" suggests a maximum...

Looks about right, the "plan" suggests a maximum of 50 Aircraft concentrating out of core Nordic operations, 70 is very optimistic as is Spain until mid 2022.

As always the devil is in the detail:...
14th Mar 2021, 10:19
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

That's OK then you can buy more shares and loose...

That's OK then you can buy more shares and loose even more!, unsecured creditors are taking a 95% hit and now even the people that supported the company by buying shares.Existing shareholders in...
12th Mar 2021, 22:15
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

737Driv3r Not quite, If you look at the list...

737Driv3r

Not quite, If you look at the list of creditors it is obvious NAS are not actually paying anything, merely accruing debts, only essential day to day costs are approved by the examiners...
12th Mar 2021, 11:50
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Kjos certainly has the right connections and his...

Kjos certainly has the right connections and his family have just dumped shares one Bank Norwegian after they climbed on rumours Nordax would buy the bank, so they are cash rich at this time. It...
12th Mar 2021, 08:47
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

If Kjos gets involved again it will be groundhog...

If Kjos gets involved again it will be groundhog day at Norwegian. Not only did he bury the company in debt, even after the difficulties he tried manipulate the share values.



The "new...
11th Mar 2021, 20:49
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

And all other non Scandi employees get...

And all other non Scandi employees get nothing..Nice

Realistically, if they can survive it will be 2022 before any operations outside of Norway start
11th Mar 2021, 20:23
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Not much point in having a creditors vote other...

Not much point in having a creditors vote other than to satisfy Norwegian Law
8th Mar 2021, 08:27
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Let's see how things pan out, if the full rescue...

Let's see how things pan out, if the full rescue plan is approved and the creditors don't appeal the required fund raising efforts should start. There are still some flies in the ointment, Boeing USA...
6th Mar 2021, 12:24
Replies: 73
Views: 39,047
Posted By Kirks gusset

The airport has a legal obligation to ensure...

The airport has a legal obligation to ensure de-icing contractors are familiar with both the rules and specifics for individual types, having said that, commercial pressures, boredom and being human ...
2nd Mar 2021, 20:43
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

These airframes were the assets of Torskefjorden...

These airframes were the assets of Torskefjorden Leasing Ltd which was wound up by the courts on Jan 15th as the judge decided the company would no longer be viable as the only client NAS would not...
Forum: Nordic Forum
1st Mar 2021, 14:45
Replies: 0
Views: 654
Posted By Kirks gusset

Flyr Shares Hike

Shares in the new airline Flyr increased 28% on first hours of trading and the company has aggressive plans to ramp up operations capitalising on availability of type rated crews and surplus aircraft...
24th Feb 2021, 17:49
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Tomorrow is a pivotal day in the Irish Courts...

Tomorrow is a pivotal day in the Irish Courts regarding the repudiation of the leases, on the one hand good news today that Airbus threw the airline a lifeline and has nearly reached agreement in...
21st Feb 2021, 16:53
Replies: 848
Views: 870,484
Posted By Kirks gusset

Monitoring the instruments is not that difficult,...

Monitoring the instruments is not that difficult, the FF, EGT, N2 will all give indications provided you are actually looking.. herein lies the problem, when the AI starts dancing and the crew have...
19th Feb 2021, 18:40
Replies: 1,269
Views: 1,002,329
Posted By Kirks gusset

Yet another extension, seems reasonable given the...

Yet another extension, seems reasonable given the logistics of arranging creditor meetings. Planned exit will be around May, IF the funds are forthcoming.
...
18th Feb 2021, 13:54
Replies: 848
Views: 870,484
Posted By Kirks gusset

Looks like Boeing are being "tactful" ...

Looks like Boeing are being "tactful"

https://www.reuters.com/article/us-indonesia-crash-boeing-idUSKBN2AI00X
17th Feb 2021, 12:26
Replies: 848
Views: 870,484
Posted By Kirks gusset

No one knows why it crashed, but maintenance...

No one knows why it crashed, but maintenance issues are unlikely. The fact is air crew should be able to diagnose and contain "normal failures". Memory items address time critical issues and the QRH...
Showing results 1 to 35 of 650
 


 
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