Originally Posted by
Some person
Would they have to pay ISK to the company? I thought that a company could accept a cash injection in any currency. I suspect that a large part of the costs (fuel, payments to airports and ATC outside Iceland) isn't in ISK to begin with.
I fully agree. I seriously doubt their aircraft leases are in ISK. The largest item that they have in ISK is likely payroll.
I don't think this will work for Indigo Partners; I expect them to walk away. A collapse of WoW would keep Norwegian Air alive a little while longer unless some other greater fool steps in and fills the void with ULCC pricing.