2 ms·
The Norwegian was in trouble way before the virus. They had to be rescued due to mounting losses. The 737 MAX crisis also hit them hard to which they were expos
by mihaaly 7y ago
The Norwegian was in trouble way before the virus.
They had to be rescued due to mounting losses. The 737 MAX crisis also hit them hard to which they were exposed more than average. Some links (there are much more):
https://www.forbes.com/sites/davidnikel/2019/09/16/norwegian-given-time-as-bondholders-accept-rescue-plan/#206813f247f1 https://www.forbes.com/sites/davidnikel/2019/09/16/norwegian...
https://qz.com/1688156/why-is-norwegian-air-failing/ https://qz.com/1688156/why-is-norwegian-air-failing/
Because of the troubles I avoided them for transatlantic travel not risking last minute cancellations due to bankruptcy. I doubt that I was alone.