Sure, sure. Still flag of convenience.
To be clear: A flag-of-convenience airline is a carrier that is established in a country other than the home country of its majority owner(s) in order to avoid regulations of the home country. Flags of convenience are often used to decrease labor costs and undercut established markets.
If you think that Open Skies benefits US carriers more than European carriers, you don't know the first thing about how large the US air market is in comparison to Europe.
As for Norwegian, they're in worse financial shape than I initially thought.
They've had an interim CFO since last summer - never a good sign for a company.
They are now trying to sell aircraft that they subleased to an Asian carrier. And pretty much every asset that they have looks like it's up for sale.
They have an "Extraordinary General Meeting" on Friday 13 April (good date to choose
) to get a second, larger stock dilution approved.
https://www.norwegian.com/globalasse...of-the-egm.pdf
They're under investigation for accounting irregularities.
https://leehamnews.com/2018/03/07/no...ve-accounting/
They're adding 25 new aircraft in 2018, further draining liquidity. I'm expecting to see them cancel those deliveries if they're able - probably too late, since the aircraft have probably already had some airline specific options installed.
They're losing money running mid to high 70s load factors.
Their RASM is declining while CASM is increasing.
That's a whole lot of red flags.
As for the pilots that went to Norwegian, there were plenty of pilots on this forum who warned against going there. I wouldn't be surprised if a lot of them go fly for Avianca once Norwegian closes its doors.
Cool. You're totally clueless.
https://www.norwegian.com/us/travel-...premium-cabin/
Those tickets are priced to compete with business class.