Originally Posted by
Andy
Good riddance. The company underpriced their seats to the point where they would never be profitable. And as a result, many consumers incorrectly believed that Norwegian was pricing its fares correctly. They had their prices so low that they needed to recapitalize at least once a year. It has been an airline run by morons, losing money hand over fist.
I think they were trying to buy themselves market share, as long as someone else was willing to prop them up while they did it. They hoped they would be able to keep what they got when the party stopped, and adjust fares to a profit.
Then covid... not only did the party stop, but the house burned down,and the police showed up and shot everybody.
Originally Posted by
Andy
It;s bad actor airlines like this that destabilize the business.
Yes.