Originally Posted by
Andy
LOL. Sure, Lufthansa's interested in Norwegian. Their aircraft at fire sale prices. Did you actually read that six month old article? How about the last paragraph?
Also note where NAS' stock price was at when that article was written. Now note where it's at. If IAG were interested in buying the company, they could easily do it now at a 40% discount. They're not. They, like Lufthansa, will take the planes at fire sale prices but that's it.
Have you lost your job at WoW? You were pretty junior so I'd imagine you've been cut and are now sniffing around for another job. So you're now looking at Norwegian? You remind me of the Independence Air pilots who went to Skybus. Good luck with that plan.
Been working full time as a TRI for an ATO for a while now. I am an Airbus guy, so Norwegian is not really an option for me even if I wanted to go there.
As I have said before, Norwegian has placed upward pressure on salaries in Europe. Ryanair in particular has had to significantly increase their pay and improve working conditions due to many pilots leaving for Norwegian. My wife’s company has had to do the same. The collapse of Norwegian would reverse that upward pressure, so I would much rather see them thrive than collapse. Every time large airlines start failing, there is downward pressure on pilot salaries. Back in the early 90s, after the collapse of Eastern, Pan Am, and Midway, it was virtually impossible to get a job in the industry. When I was working on my CFII in the summer of 1992, my instructor was fortunate enough to land a job flying Dormier 228s for Precision Airlines in the Northeast. He had almost 4,000 hours, and had to shell out a $15,000 training bond for a job that paid just $12,000 per year. Personally I don’t want to see that kind of market for pilots ever again, which is why I want to see more airlines and more jobs.