Originally Posted by
Daedalus7
Right so this is the part I'm interested in. If the secondary offering "ends" (if I'm reading this right) on 8 March, and results on 11 March, won't we know by then if the airline can continue operations through summer?
I wouldn't count on knowing the future until 1 April.
The good news for Norwegian is that oil prices have been moving up. They're heavily hedged and were taking a financial bath on their hedges. The upward oil price move alone could account for most of the 3B NOK they're trying to raise as their hedges become profitable.