Norwegian B737 Pilot selection (Updated)
Joined: Feb 2011
Posts: 66
Likes: 25
From: UK
No need to explain it away.
Time will do the talking.
I think you’ve misunderstood his involvement - Norweigian are trying to raise cash through a rights issue which your White Knight is underwriting. That is all. This comes on top of a nearly £300million loss in 2018.
Hardly fantastic news and the stock market has reacted as you would expect for people with no emotional attachment.
Time will do the talking.
I think you’ve misunderstood his involvement - Norweigian are trying to raise cash through a rights issue which your White Knight is underwriting. That is all. This comes on top of a nearly £300million loss in 2018.
Hardly fantastic news and the stock market has reacted as you would expect for people with no emotional attachment.
Joined: Jun 2007
Posts: 81
Likes: 0
From: upper hemisphere
Glad you feel the positive vibes! I am curious though why market punishes the stock with some 10%. Shouldn't it be going up? Too soon to tell if this is a game changer for the future or just more advanced CPR.
Joined: Dec 2010
Posts: 4
Likes: 2
From: Limbo
No need to explain it away.
Time will do the talking.
I think you’ve misunderstood his involvement - Norweigian are trying to raise cash through a rights issue which your White Knight is underwriting. That is all. This comes on top of a nearly £300million loss in 2018.
Hardly fantastic news and the stock market has reacted as you would expect for people with no emotional attachment.
Time will do the talking.
I think you’ve misunderstood his involvement - Norweigian are trying to raise cash through a rights issue which your White Knight is underwriting. That is all. This comes on top of a nearly £300million loss in 2018.
Hardly fantastic news and the stock market has reacted as you would expect for people with no emotional attachment.
Rolls royce engine issues solved. Joint venture fourthcoming. Analysts forecasting close to 1 billon nok profits for 2019. Media already speculating that John Fredriksen will buy the shares held by IAG. Journalists have contacted the press office of IAG as to why the shares haven't been sold yet. The answer was "...we will sell, when the time is right.."
The expansion is nearly finished, only 5 787s to go before the fleet of a total of 41 787s is complete...
Last edited by directmisbi; 29th January 2019 at 10:05.
Joined: Apr 2018
Posts: 19
Likes: 0
From: Western Europe
No need for you to comment on it then..
Rolls royce engine issues solved. Joint venture fourthcoming. Analysts forecasting close to 1 billon nok profits for 2019. Media already speculating that John Fredriksen will buy the shares held by IAG. Journalists have contacted the press office of IAG as to why the shares haven't been sold yet. The answer was "...we will sell, when the time is right.."
The expansion is nearly finished, only 5 787s to go before the fleet of a total of 41 787s is complete...
Rolls royce engine issues solved. Joint venture fourthcoming. Analysts forecasting close to 1 billon nok profits for 2019. Media already speculating that John Fredriksen will buy the shares held by IAG. Journalists have contacted the press office of IAG as to why the shares haven't been sold yet. The answer was "...we will sell, when the time is right.."
The expansion is nearly finished, only 5 787s to go before the fleet of a total of 41 787s is complete...
They will not be in a hurry to sell.
Fredrikson will not be interested in the IAG shares.
He is an Underwriter, meaning he will have to buy any right issue shares not bought by current shareholders.
these are at a discount and therefore cheaper than the IAG shares.
Joined: Apr 2011
Posts: 49
Likes: 0
From: X marks the spot
Hope it will be sorted for all in Norwegian eventually and interesting development with Fredriksen. Remains to be seen how many shares they will issue and at what price still so dilution for current shareholders.
But the loss was 2.2B NOK for 2018 and 1.9 B in cash at hand at end, and burn roughly 2B last year. Agree as said earlier share price drops because the issue will be discounted. good for staff to keep the show on the road for longer but as said earlier key is to make money from the operations which seems to be focus now more than expansion...
But the loss was 2.2B NOK for 2018 and 1.9 B in cash at hand at end, and burn roughly 2B last year. Agree as said earlier share price drops because the issue will be discounted. good for staff to keep the show on the road for longer but as said earlier key is to make money from the operations which seems to be focus now more than expansion...
Joined: Oct 2007
Posts: 73
Likes: 8
From: US
No need for you to comment on it then..
Rolls royce engine issues solved. Joint venture fourthcoming. Analysts forecasting close to 1 billon nok profits for 2019. Media already speculating that John Fredriksen will buy the shares held by IAG. Journalists have contacted the press office of IAG as to why the shares haven't been sold yet. The answer was "...we will sell, when the time is right.."
The expansion is nearly finished, only 5 787s to go before the fleet of a total of 41 787s is complete...
Rolls royce engine issues solved. Joint venture fourthcoming. Analysts forecasting close to 1 billon nok profits for 2019. Media already speculating that John Fredriksen will buy the shares held by IAG. Journalists have contacted the press office of IAG as to why the shares haven't been sold yet. The answer was "...we will sell, when the time is right.."
The expansion is nearly finished, only 5 787s to go before the fleet of a total of 41 787s is complete...
The chickens are coming home to roost for those that made the decision to join Norwegian
Joined: Feb 2011
Posts: 66
Likes: 25
From: UK
Joined: Aug 2011
Posts: 67
Likes: 1
From: Planet earth
If there is a JV coming why the continued deep cuts and crisis to raise cash? I can’t imagine investors wanting to buy more worthless shares. The negative balance sheet isn’t going to be fixed in this round of one card monte.
The chickens are coming home to roost for those that made the decision to join Norwegian
Joined: Oct 2007
Posts: 73
Likes: 8
From: US
Joined: Oct 2007
Posts: 73
Likes: 8
From: US
Well in Europe (where this is mainly relevant) really it is quite the opposite.
Several times on this forum you have posted frankly disgusting remarks towards fellow aviators that highlight you know very little about the European aviation market. Crawl off back to insulting anyone that doesn't work for 'the big 3' you dinosaur.
Several times on this forum you have posted frankly disgusting remarks towards fellow aviators that highlight you know very little about the European aviation market. Crawl off back to insulting anyone that doesn't work for 'the big 3' you dinosaur.
Can you point me to the TOS that says non Europeans aren’t allowed an opinion on the threads.
Good day
Joined: Dec 2010
Posts: 4
Likes: 2
From: Limbo
Thats not very civil or enlightened. Calling names. Aren’t you far above that? I haven’t called Norwegian crews names. But most everyone has a few descriptors. Flags of convenience are not good for the industry and I am adamantly opposed to Norwegian. Calling me a dinosaur for not wanting offshoring of Pilots willing for work for mere percentage of the going rates? Go ahead and limbo under the fence.
Can you point me to the TOS that says non Europeans aren’t allowed an opinion on the threads.
Good day
Joined: Oct 2016
Posts: 65
Likes: 0
From: United Kingdom
In defence of Norwegian, all employees are employed on local contracts at their home base, UNDER LOCAL employment law .
That's why for example a Rome contract has a better pension then a Gatwick contract .
Now the contracts for short haul, were good and a reason Lots of pilots joined from other low cost airlines.
Will that be the case after the preposed cuts, perhaps not .
That's why for example a Rome contract has a better pension then a Gatwick contract .
Now the contracts for short haul, were good and a reason Lots of pilots joined from other low cost airlines.
Will that be the case after the preposed cuts, perhaps not .
Joined: Apr 2008
Posts: 1
Likes: 1
From: Worldwide
The richest man in Norway is investing in Norwegian thats the reason why today shares market going up today. John Frederiksen is the name exactly.
Came oooon ! Norwegian well done. Keep pushing you will be out soon.
Came oooon ! Norwegian well done. Keep pushing you will be out soon.
Joined: Apr 2008
Posts: 2
Likes: 0
From: Denmark
The only thing he has done for now is to guarantee that all shares will be sold.
Nevertheless good news for Norwegian.
Joined: Aug 2015
Posts: 64
Likes: 14
From: North
Well...He will get his hands on a few shares, that is a certain.