WW "airlines to go bust"
Jul 2, 2019, 4:18 pm
#469
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Sep 4, 2019, 1:47 pm
#470
Join Date: Jul 2005
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https://apple.news/A5uJLFgxqQ3arbXFYg6ombw
sadly Norwegian seem on the brink again. I am sure that the 737max which they blame in the article linked above is indeed a major cause, but so was their highly geared expansion
they are asking bond holders to delay repayment against the security of their Gatwick slots.
It is a throughly decent airline line that I use from time to time to get to Mallorca.
I hope they pull thorough
sadly Norwegian seem on the brink again. I am sure that the 737max which they blame in the article linked above is indeed a major cause, but so was their highly geared expansion
they are asking bond holders to delay repayment against the security of their Gatwick slots.
It is a throughly decent airline line that I use from time to time to get to Mallorca.
I hope they pull thorough
Sep 4, 2019, 3:37 pm
#471
Join Date: Jun 2015
Location: LHR, LGW
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Posts: 3,444
https://apple.news/A5uJLFgxqQ3arbXFYg6ombw
sadly Norwegian seem on the brink again. I am sure that the 737max which they blame in the article linked above is indeed a major cause, but so was their highly geared expansion
they are asking bond holders to delay repayment against the security of their Gatwick slots.
It is a throughly decent airline line that I use from time to time to get to Mallorca.
I hope they pull thorough
sadly Norwegian seem on the brink again. I am sure that the 737max which they blame in the article linked above is indeed a major cause, but so was their highly geared expansion
they are asking bond holders to delay repayment against the security of their Gatwick slots.
It is a throughly decent airline line that I use from time to time to get to Mallorca.
I hope they pull thorough
IAG acquires 4.61% stake in Norwegian
Sep 6, 2019, 7:34 am
#472
Join Date: Dec 2012
Location: MAN, PSP
Programs: BAEC
Posts: 208
Interesting article about France’s number 2 carrier Aigle Azur probably about to go bump.
Suggests Air France may hoover up some assets including slots at Orly but also says IAG are sniffing around too, presumably to give Level a boost there.
https://skift.com/2019/09/06/air-fra...-no-2-airline/
Suggests Air France may hoover up some assets including slots at Orly but also says IAG are sniffing around too, presumably to give Level a boost there.
https://skift.com/2019/09/06/air-fra...-no-2-airline/
Sep 6, 2019, 7:59 am
#473
Join Date: May 2016
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Sep 15, 2019, 11:58 am
#474
Join Date: Oct 2015
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The Times reporting CAA drawing up contingency plans with news that Thomas Cook airlines is at risk.
https://www.thetimes.co.uk/article/c...apse-zfxwcdvpx
https://www.thetimes.co.uk/article/c...apse-zfxwcdvpx
Sep 15, 2019, 1:24 pm
#475
Join Date: Oct 2017
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The Times reporting CAA drawing up contingency plans with news that Thomas Cook airlines is at risk.
https://www.thetimes.co.uk/article/c...apse-zfxwcdvpx
https://www.thetimes.co.uk/article/c...apse-zfxwcdvpx
Sep 15, 2019, 2:04 pm
#476
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Hi,
also some details on the bbc
https://www.bbc.co.uk/news/business-49707230
Essentially Thomas cook is rappidly trying to finalise a rescue deal and is in negotiations with bond holders to give it more time to finalise a deal. The CAA is not commenting directly. the article then goes on to cover consumers rights
Regards
TBS
also some details on the bbc
https://www.bbc.co.uk/news/business-49707230
Essentially Thomas cook is rappidly trying to finalise a rescue deal and is in negotiations with bond holders to give it more time to finalise a deal. The CAA is not commenting directly. the article then goes on to cover consumers rights
Regards
TBS
Last edited by The _Banking_Scot; Sep 15, 2019 at 2:28 pm
Sep 15, 2019, 2:20 pm
#477
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Danke, Merci, Thanks
Sep 16, 2019, 6:31 pm
#478
Join Date: Jul 2006
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So Thomas cook and Norwegian both looking somewhat ropey currently with Thomas cook possibly more so short term.
This is all looking quite bad for the staff involved and I feel for them all.
LGW could be especially badly hit if both of these airlines flop
cs
This is all looking quite bad for the staff involved and I feel for them all.
LGW could be especially badly hit if both of these airlines flop
cs
Sep 16, 2019, 8:10 pm
#480
Join Date: Sep 2015
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