Originally Posted by
CLazarus
The nominal launch customer of the 321LR, Primera, just ceased operations. They only had two aircraft coming (via lease), but as others have already mentioned there are an awful lot of orders out there on shaky legs. Lots of fast growing carriers out there who made big, splashy orders that they may not be around to take delivery of. E.G. - lots of aircraft on order from Indian carriers... but I think only one of them is slightly profitable right now.
Primera. With WOW and Norwegian to follow. WOW's privately held so I don't have numbers on them but Icelandic banks took a bath on Primera so they're unlikely to extend more credit to WOW. Norwegian won't report Q3 numbers until 25 Oct but it looks like a small loss from looking at their monthly RASK numbers compared to their Q2 CASK. Norwegian has up to 140 aircraft (that number includes orders) for sale.
That all but kills the ULCC TATL airlines. Again. This is at least the 3rd iteration of attempting to start ULCC TATL airlines since Freddie Laker.