Originally Posted by
iahphx
I would submit that no financial move Norwegian is pulling these days is "very common" -- their combination of rapid growth with new aircraft and a failing business model makes for some interesting financial accounting.
Their longhaul business model seems to be a variation of the old joke:
- "We're losing money on every single item we sell"
- "Yeah, but we're selling lots of them!"
(replace "item" with "seat" for Norwegian)