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Norwegian B737 Pilot selection (Updated)

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Norwegian B737 Pilot selection (Updated)

Old 22nd Jan 2019, 20:38
  #1121 (permalink)  
 
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Icejock

I bet that BjÝrn Kjos and the gang will never sell , unless bankruptcy is next.
He had the chance last year , to twice the price he gets now!
Some of you compare Norwegian with some small extinct airlines, mostly UK , this is not relevant as they have gained critical mass.
A expansion pause for a year and cost-cutting is welcome by all investors , and I think we will see a load of cash being added soon.
I am confident I can get cheap tqts from Norwegian for years to come.
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Old 24th Jan 2019, 12:36
  #1122 (permalink)  
 
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IAG says does not intend to make an offer for Norwegian, intends to sell its 3.93% stake
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Old 24th Jan 2019, 12:58
  #1123 (permalink)  
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Old 24th Jan 2019, 13:16
  #1124 (permalink)  
 
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Originally Posted by Wee Weasley Welshman View Post

ouch. Firesale coming up methinks.
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Old 24th Jan 2019, 15:36
  #1125 (permalink)  
 
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WWW's share quote is out a bit. now down to 140p, -21.4% on the day. Someone else might be interested going forward, as unless they post some pretty impressive numbers over the next 12m, the only way is down. Airline investment, only for the brave!
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Old 24th Jan 2019, 19:13
  #1126 (permalink)  
 
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The pony is dead, stop flogging it.
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Old 24th Jan 2019, 20:23
  #1127 (permalink)  
 
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Pathetic.
All you naysayers and doom merchants, I really hope you all fall on your arses one day.
We as Pilots and professionals should be supporting and rallying one another, not wishing failure and making pseudo predictions of what might or should happen.
But i guess this is the world we now live in. Itís all about me.....😡
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Old 24th Jan 2019, 23:23
  #1128 (permalink)  
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Originally Posted by Duckanddive View Post
Pathetic.
All you naysayers and doom merchants, I really hope you all fall on your arses one day.
We as Pilots and professionals should be supporting and rallying one another, not wishing failure and making pseudo predictions of what might or should happen.
But i guess this is the world we now live in. Itís all about me.....😡
This is an aviation related internet forum; I think discussion of what is going on in the industry is why people visit this site. A major airline in difficulty is news - not good news, but news nonetheless which will attract comment and speculation. I don't think any of the contributors wish ill on any fellow professionals, but what happens here will affect other companies in the industry. FWIW went through the redundancy mill with another company several years ago - not fun at the time, but I ended up with a much better employer in the end. Keep your chin up.

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Old 25th Jan 2019, 07:17
  #1129 (permalink)  
 
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Originally Posted by speedrestriction View Post
This is an aviation related internet forum; I think discussion of what is going on in the industry is why people visit this site. A major airline in difficulty is news - not good news, but news nonetheless which will attract comment and speculation. I don't think any of the contributors wish ill on any fellow professionals, but what happens here will affect other companies in the industry. FWIW went through the redundancy mill with another company several years ago - not fun at the time, but I ended up with a much better employer in the end. Keep your chin up.
My gripe is not with the reporting of news, I agree itís a forum FOR such discussion.
Itís those that sit in their ivory towers wishing others to fail. They spout their ilinformed style of horse 💩 about what will or should happen. If youíre that clued up in aviation business, why are you not running an airline yourselves?
But those who can DO, those who canít.....
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Old 25th Jan 2019, 07:24
  #1130 (permalink)  
 
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Originally Posted by Duckanddive View Post
Pathetic.
All you naysayers and doom merchants, I really hope you all fall on your arses one day.
We as Pilots and professionals should be supporting and rallying one another, not wishing failure and making pseudo predictions of what might or should happen.
But i guess this is the world we now live in. Itís all about me.....😡
I work for an airline that has nearly, but not quite, gone under 4 times during my employment. 4 "Your job is at risk" letters that are not pleasant to receive. Had I been told the financial predicament that this airline was in, before I joined it, I would have gone for the other offer, which has gone from strength to strength over the same period. So I think that being informed of the financial state that NAS is in, is very pertinent to candidates who may have other choices. I would direct your annoyance at arrogant management with over ambitious plans combined with limited business talent. Plenty to choose from in the airline industry.
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Old 25th Jan 2019, 07:53
  #1131 (permalink)  
 
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Thatís not the motivation for the type of post and referring to and you know it.
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Old 25th Jan 2019, 08:20
  #1132 (permalink)  
 
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IAG said a few days ago that they will not be taking part in a bidding war to acquire NAS. So does yesterdays news mean then that someone else has made an better offer? Lufthansa or Qatar?
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Old 25th Jan 2019, 09:05
  #1133 (permalink)  
 
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Not according to the share price
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Old 25th Jan 2019, 10:13
  #1134 (permalink)  
 
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Originally Posted by Duckanddive View Post
Pathetic.
All you naysayers and doom merchants, I really hope you all fall on your arses one day.
We as Pilots and professionals should be supporting and rallying one another, not wishing failure and making pseudo predictions of what might or should happen.
But i guess this is the world we now live in. Itís all about me.....😡
Pulling on the heart strings is all well and good, but the fact is Norweigian have come along with a business model which, whilst itís backers keep throwing good money after bad, is unsustainably undercutting many of the airlines the rest of us work for. That leads to managers elsewhere to spy an opportunity to make the Ďwe must competeí noises which in turn leads to a constant fight to maintain what we have, and in many cases worsening terms and conditions for the rest of us.

Iíve been in the position of having Ďthatí letter at least 3 times but I was lucky enough to escape the chop. I know how horrible it is. Whilst I feel sorry for the employees, I wonít shed a tear when Norweigian disappears. Hopefully all the pilots can get jobs with sustainable companies that are actually profitable and give their employees a reasonable level of job security.
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Old 25th Jan 2019, 12:04
  #1135 (permalink)  
 
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That proves that probably many of the Norwegian bashers here just feel insecure because of the expansion rate Norwegian have had. I personally think they are here to stay. whether alone or that someone else buys and uses their brand, time will tell.
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Old 25th Jan 2019, 12:12
  #1136 (permalink)  
 
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From my point of view, not remotely insecure, just sick of fly-by-night companies with unsustainable businesses who end up with a load of people losing their jobs and all the upheaval & uncertainty that brings.

The last 20yrs particularly have been littered with airlines like these, and the cycle just goes on and on.

Sadly the industry is full of pilots whoíve had the misfortune of bouncing from one bankrupt carrier to the next. Itís depressing to see it likely happening again.
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Old 25th Jan 2019, 12:48
  #1137 (permalink)  
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Originally Posted by FRogge View Post
That proves that probably many of the Norwegian bashers here just feel insecure because of the expansion rate Norwegian have had.
I doubt this is the case. Perhaps this could conceivably be the case if Norwegian were very successful. But they are not, they are just high profile disruptors of a market segment with an underperforming model, being propped up by exogenous funding. I hope for the sake of the employees that the management can make the necessary changes to the business model before liquidity becomes an issue.
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Old 25th Jan 2019, 18:17
  #1138 (permalink)  
 
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Originally Posted by speedrestriction View Post


I doubt this is the case. Perhaps this could conceivably be the case if Norwegian were very successful. But they are not, they are just high profile disruptors of a market segment with an underperforming model, being propped up by exogenous funding. I hope for the sake of the employees that the management can make the necessary changes to the business model before liquidity becomes an issue.
Completely agree with you and mr Hot Ducty.
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Old 27th Jan 2019, 17:40
  #1139 (permalink)  
 
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Certainty is important

Originally Posted by Jetavia View Post



Well that info sounds like it came directly from Oílearyís office.. itís BS, no such reductions as of yet.. just like Norwegian did not go under at New Years eve or was taken over by IAG on january 2nd.. stick to what Norwegian communicate, nothing else..
With no certainty of employment past September an exodus of DUB based crew over the Summer is inevitable.
I understand Ryanair have included an option to input your previous staff number on their application form.
If crew shortfall leads to operational cancellations in the Summer then customer confidence will plummet. I hope there is some element of contingency plan to address this.

As Focus2019 launches, a very genuine best to all concerned, no one wants to see crew unemployed, why?
Because it isnít in any of our interests to have qualified pilots unemployed.

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Old 29th Jan 2019, 08:14
  #1140 (permalink)  
 
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IAG never heard about John Fredriksen. They do now. Norwegian has been engaged in third party negotiations, all the while IAG did their best to put forward another bid probably lower than the first two, counting on Kjos coming crawling back. Problem was, Kjos got the richest man in Norway with a combined wealth of £6.6bn to back him up.
Have IAG sold their shares yet?

Last edited by directmisbi; 29th Jan 2019 at 08:35.
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