FlyerTalk Forums - View Single Post - Norwegian Air stability through summer?
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Old Mar 10, 2020 | 2:12 pm
  #483  
Often1
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Join Date: Aug 2010
Location: DCA
Programs: UA US CO AA DL FL
Posts: 50,253
Originally Posted by IBobi
I was tracking flights LAX-FCO on Norwegian, and they all disappeared as of this morning.

And apparently hotels where Norwegian crew are staying are asking for the airline to pre-pay for their stays now.

Looks like Norwegian is on the way out.
This is where it gets expensive for the carrier and what little cash it has gets used up quickly. If crew hotels want prepayment, fuel and airport fees will want that as well and at that point card issuers (banks) will increase the chargeback holdback (which protects the banks against having to pay out on tickets in insovlency).
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