Originally Posted by
WHACKMASTER
So what’s the consensus? Is the Irish court going to help them out or are they in for liquidation? What are the odds of another company (say SAS) buying the company?
What is being said among the members of Danish pilot union (FPU), the Irish court gives them the best chance for reorganization. My own personal opinion is that they will survive in some fashion, but it will not look anything like the pre-2019 Norwegian. It should be noted that in 2019, upper management was completely replaced. Word is that the new CEO was not a fan of the shell game set up and was beginning to simplify the structure before Covid hit.