Norwegian Air stability through summer?
Jul 18, 2019, 2:40 pm
#301
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I'm surprised you even bothered asking me that question. 
Kjos was a genius running Norwegian as a European airline until he decided to
1) Place orders for a bazillion new aircraft and
2) Expand the airline at an unsustainable pace.
Given Norwegian's horrendous Q2, do you think there is any more dumb money out there willing to dump money into the endless black hole known as Norwegian?
As far as IAG, I doubt that their offer was more than a very lowball number. If there was even an offer made.
Kjos was a genius running Norwegian as a European airline until he decided to
1) Place orders for a bazillion new aircraft and
2) Expand the airline at an unsustainable pace.
Given Norwegian's horrendous Q2, do you think there is any more dumb money out there willing to dump money into the endless black hole known as Norwegian?
As far as IAG, I doubt that their offer was more than a very lowball number. If there was even an offer made.
Jul 18, 2019, 2:50 pm
#303
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Norwegian's 787s have Trent-1000 engines so those planes are worth less than what's owed on them.
Norwegian's Maxs … well, I don't need to comment on them.
They don't have valuable gates/slots.
The rest of their fleet has some value but they're mostly older airframes. Maybe a few A320 series are newish. I love the A320 series but they're throwaway aircraft and their replacement parts are very expensive.
Jul 18, 2019, 4:55 pm
#304
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DY’s ARN-Orlando and CPH-FLL are meeting their end. When was that announced?
Not surprised that those would go early on, as the relatively strong USD and other factors hit demand from primarily DKK/SEK earners.
Not surprised that those would go early on, as the relatively strong USD and other factors hit demand from primarily DKK/SEK earners.
Jul 23, 2019, 10:36 am
#305
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I'm unsure of the sophistication of Norwegian's customers, but there have been a lot of cheapo airfares across the Atlantic this year for folks who can plan ahead. Like every week has sub $300 fares to Spain, and there are $300 "sales" to many other destinations as well. This can't be good for Norwegian as, I suspect, most of their clientele flies them when everyone else is expensive.
Jul 24, 2019, 1:25 am
#306
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DY was never one to announce changes in advance. They pick routes based on tarffic data, launch it, and quickly bury them when the expected revenue doesn't show.
Jul 29, 2019, 1:07 pm
#307
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Norwegian Air Cancels Hundreds of Flights to the United States
The Oslo-based budget airline is cutting hundreds of regular winter flights from its schedule thanks to a new business model. Norwegian is moving from growth to profitability now that it has become Scandinavia’s largest airline and Europe’s eighth-largest (in terms of numbers). This means that Norwegian is cutting up to 25% of its flights, including 3 from Los Angeles LAX, 2 from New York JFK, and 3 from Copenhagen CPH. It isn’t yet known whether some or any of these suspended routes will return for the 2020/21 season, or if they will be canceled entirely.
The Oslo-based budget airline is cutting hundreds of regular winter flights from its schedule thanks to a new business model. Norwegian is moving from growth to profitability now that it has become Scandinavia’s largest airline and Europe’s eighth-largest (in terms of numbers). This means that Norwegian is cutting up to 25% of its flights, including 3 from Los Angeles LAX, 2 from New York JFK, and 3 from Copenhagen CPH. It isn’t yet known whether some or any of these suspended routes will return for the 2020/21 season, or if they will be canceled entirely.
Jul 31, 2019, 6:26 pm
#309
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Any thoughts on Norwegian's solvency by late Sept/early Oct? I was thinking of booking two refundable premium economy tickets for LAX-MAD as a backup in the event that 2 business class FF seats on *A don't show up by then. I think my odds of getting something usable in business on *A is probably >80%, so the odds of me cancelling and refunding are pretty good.
Jul 31, 2019, 10:41 pm
#310
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Aug 1, 2019, 12:39 am
#311
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Any thoughts on Norwegian's solvency by late Sept/early Oct? I was thinking of booking two refundable premium economy tickets for LAX-MAD as a backup in the event that 2 business class FF seats on *A don't show up by then. I think my odds of getting something usable in business on *A is probably >80%, so the odds of me cancelling and refunding are pretty good.
Aug 1, 2019, 11:25 am
#313
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Any thoughts on Norwegian's solvency by late Sept/early Oct? I was thinking of booking two refundable premium economy tickets for LAX-MAD as a backup in the event that 2 business class FF seats on *A don't show up by then. I think my odds of getting something usable in business on *A is probably >80%, so the odds of me cancelling and refunding are pretty good.
Aug 1, 2019, 1:21 pm
#314
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Aug 1, 2019, 2:13 pm
#315
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