Norwegian Air stability through summer?
#181
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Your post above, like the earlier ones in response to my request for data, seem to be about avoiding answering rather simple questions and are examples of providing non-answer responses in response to questions. Surely the following two questions are not so hard to answer without you having to spend several hours looking up data you claimed to already know:
1. So you’re less confident than I am that DY will be flying this whole summer?
2. On which date do you want to call the summer over for purpose of visiting the accuracy of our separate “no prediction” predictions?
Responding to these two questions with an answer — not a non-answer response — doesn’t require genius; it just requires a willingness to engage in an honest approach in a debate.
Last edited by GUWonder; Apr 28, 2019 at 12:30 am
#182
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You have no idea how long I spent verifying through multiple sources that I posted correct data. The fact of the matter is that I posted precise data that you poo poo'd. That not only means that my prediction was spot on, but it also means that you are not one who is honest nor can be trusted. I attempted an honest dialog with you but that is not possible with you since you are not an honest person. Good day.
#183
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Yet another post above, like the earlier ones in response to my request for data, seems to be about avoiding answering rather simple questions and are yet more examples of providing non-answer responses in response to questions. Surely the following two questions are not so hard to answer without anyone having to spend several hours looking up data claimed to be already known:
1. So you’re less confident than I am that DY will be flying this whole summer?
2. On which date do you want to call the summer over for purpose of visiting the accuracy of our separate “no prediction” predictions?
Responding to these two questions with an answer — not a non-answer response — doesn’t require genius; it just requires a willingness to engage in an honest approach in a debate. And since that doesn’t seem to be happening, I’ll just conclude that the discussion about Norwegian and its bonds is not an honest discussion and is not illustrative of trying to help consumers to make suitable purchase decisions for consumers but about trying to see Norwegian in the grave sooner than later.
1. So you’re less confident than I am that DY will be flying this whole summer?
2. On which date do you want to call the summer over for purpose of visiting the accuracy of our separate “no prediction” predictions?
Responding to these two questions with an answer — not a non-answer response — doesn’t require genius; it just requires a willingness to engage in an honest approach in a debate. And since that doesn’t seem to be happening, I’ll just conclude that the discussion about Norwegian and its bonds is not an honest discussion and is not illustrative of trying to help consumers to make suitable purchase decisions for consumers but about trying to see Norwegian in the grave sooner than later.
#184
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Yet another post above, like the earlier ones in response to my request for data, seems to be about avoiding answering rather simple questions and are yet more examples of providing non-answer responses in response to questions. Surely the following two questions are not so hard to answer without anyone having to spend several hours looking up data claimed to be already known:
1. So you’re less confident than I am that DY will be flying this whole summer?
2. On which date do you want to call the summer over for purpose of visiting the accuracy of our separate “no prediction” predictions?
Responding to these two questions with an answer — not a non-answer response — doesn’t require genius; it just requires a willingness to engage in an honest approach in a debate. And since that doesn’t seem to be happening, I’ll just conclude that the discussion about Norwegian and its bonds is not an honest discussion and is not illustrative of trying to help consumers to make suitable purchase decisions for consumers but about trying to see Norwegian in the grave sooner than later.
1. So you’re less confident than I am that DY will be flying this whole summer?
2. On which date do you want to call the summer over for purpose of visiting the accuracy of our separate “no prediction” predictions?
Responding to these two questions with an answer — not a non-answer response — doesn’t require genius; it just requires a willingness to engage in an honest approach in a debate. And since that doesn’t seem to be happening, I’ll just conclude that the discussion about Norwegian and its bonds is not an honest discussion and is not illustrative of trying to help consumers to make suitable purchase decisions for consumers but about trying to see Norwegian in the grave sooner than later.
#185
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Yes toward the end of Q3 or in Q4, and it’s in part why I am not yet considering locking up any money in Norwegian tickets for any trips beyond the end of September. But I also tend to buy the majority of my air travel less than 24 hours before travel, and only a tiny fraction of my flight tickets are ever booked more than a month out in recent years; so I would have been unlikely to have considered locking up money into DY tickets for travel beyond the summer even if I were to expect DY to become the most profitable carrier on the planet in the years ahead (which I am pretty positive it won’t be).
#186
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Yes toward the end of Q3 or in Q4, and it’s in part why I am not yet considering locking up any money in Norwegian tickets for any trips beyond the end of September. But I also tend to buy the majority of my air travel less than 24 hours before travel, and only a tiny fraction of my flight tickets are ever booked more than a month out in recent years; so I would have been unlikely to have considered locking up money into DY tickets for travel beyond the summer even if I were to expect DY to become the most profitable carrier on the planet in the years ahead (which I am pretty positive it won’t be).
#187
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As usual, Cranky Flier cuts through the bs to give a realistic assessment of "the Norwegian situation." In a nutshell, it would seem like (thanks to the rights offering) they have enough cash to get them through summer and probably fall, but after that all bets are off.
https://crankyflier.com/2019/04/30/t...sses-continue/
https://crankyflier.com/2019/04/30/t...sses-continue/
#188
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As usual, Cranky Flier cuts through the bs to give a realistic assessment of "the Norwegian situation." In a nutshell, it would seem like (thanks to the rights offering) they have enough cash to get them through summer and probably fall, but after that all bets are off.
https://crankyflier.com/2019/04/30/t...sses-continue/
https://crankyflier.com/2019/04/30/t...sses-continue/
#189
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Honestly, given the combination of a truly horrific business plan (the completely untested and improbable transatlantic expansion) and extremely bad luck (delayed aircraft, engine issues and now the MAX), it is a miracle they are still in business today. If the airline excels in anything, it is finding enough cash to prolong their operations.
#190
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Fuel prices are easing here, too, so unless the credit card holdback takes them out (I remember being surprised when that killed the last Frontier Airlines), the risk of flying them this summer is small.
Honestly, given the combination of a truly horrific business plan (the completely untested and improbable transatlantic expansion) and extremely bad luck (delayed aircraft, engine issues and now the MAX), it is a miracle they are still in business today. If the airline excels in anything, it is finding enough cash to prolong their operations.
Honestly, given the combination of a truly horrific business plan (the completely untested and improbable transatlantic expansion) and extremely bad luck (delayed aircraft, engine issues and now the MAX), it is a miracle they are still in business today. If the airline excels in anything, it is finding enough cash to prolong their operations.
In comparison to my expectations even several days ago, now I would be rather more surprised if I can't fly DY in the late fall or even perhaps the early winter of this year.
#191
Join Date: Mar 2007
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As usual, Cranky Flier cuts through the bs to give a realistic assessment of "the Norwegian situation." In a nutshell, it would seem like (thanks to the rights offering) they have enough cash to get them through summer and probably fall, but after that all bets are off.
https://crankyflier.com/2019/04/30/t...sses-continue/
https://crankyflier.com/2019/04/30/t...sses-continue/
#192
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I'd currently give Norwegian a 75 to 80% chance of being in business on New Year's day. Those odds fall to less than 50% a year later. Both odds would be way too risky for me to book a flight with them for those time periods. As GUWonder notes, airlines in Europe tend to go out of business more "suddenly" than airlines in the USA. So one day it's good, and the next day you have a big problem
#195
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Travel insurance may not do you much good unless it covers the cost of the new tickets. Presuming from your departure point that you are US-based, your US issued credit card will protect you against the loss of the ticket's value should there be an insolvency and the flight not operate.
What it will not cover is the cost of the new ticket which may be a great deal more than you had paid for your first ticket. If your travel insurance covers the new ticket, that is great. But, I am not aware of policies which do so unless one is stranded somewhere.
What it will not cover is the cost of the new ticket which may be a great deal more than you had paid for your first ticket. If your travel insurance covers the new ticket, that is great. But, I am not aware of policies which do so unless one is stranded somewhere.