Norwegian financial performance
05-07-2018, 09:44 AM
#111
Gets Weekends Off
Joined APC: Mar 2007
Posts: 1,067
Originally Posted by WHACKMASTER
What are you expecting us to cheer your company on? GMAFB. Did you expect anything different when you took the job?
Hypocrite | Define Hypocrite at Dictionary.com
Let me highlight number 2 for you-
a person who feigns some desirable or publicly approved attitude (e.g."Undercutting industry standard pay and working conditions is a bad thing and nobody should do it, no excuses.") , especially one whose private life, opinions, or statements belie his or her public statements (e.g. "I took a job at a bottom feeder company and my pay and benefits were directly responsible for cutting pay and working conditions at a legacy airline. But I had no other opportunities so it was okay for me to do that").
05-07-2018, 09:48 AM
#113
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Joined APC: Mar 2006
Position: guppy CA
Posts: 5,153
Norwegian's April traffic numbers are out today. Not pretty.
https://www.norwegian.com/globalasse...april-2018.pdf
-20% RASK (metric equivalent of RASM)
-16% yield
Some of that's due to longer stage lengths but those numbers are not good.
Load factor -3.6%
https://www.norwegian.com/globalasse...april-2018.pdf
-20% RASK (metric equivalent of RASM)
-16% yield
Some of that's due to longer stage lengths but those numbers are not good.
Load factor -3.6%
05-07-2018, 12:03 PM
#114
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Joined APC: Feb 2006
Position: B-737NG preferably in first class with a glass of champagne and caviar
Posts: 5,903
Originally Posted by Flytolive
Fuel up again today. Bad for airlines in general, but especially for Norwegian. More cash they can't afford to burn.
05-07-2018, 12:18 PM
#115
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Joined APC: Feb 2008
Posts: 19,262
Originally Posted by captjns
For the airlines??? Nah. They’ll survive for the most part. With an average of 14,000+ crewmembers on the properties of the big 3? History since the beginning of the airlines hiring, and furloughing as in the past has a habit of repeating itself.
05-07-2018, 12:22 PM
#116
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Position: B-737NG preferably in first class with a glass of champagne and caviar
Posts: 5,903
Originally Posted by sailingfun
With the number of retirements, changes in FAA training requirements and contractual changes that allow wide swings in monthly hours and line construction it’s pretty unlikely the big 4 will see furloughs.
As in the past, and present, and foreseeable future, expat opportunities have and will continue to afford pilots an alternative outlet to maintain their current life styles.
05-07-2018, 03:18 PM
#117
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Joined APC: Feb 2008
Posts: 19,262
Originally Posted by captjns
Your statement may be valid, provided he airlines continue to maintain their current schedules and available capacity. However, the ‘70s and post 9/11 proved differently.
As in the past, and present, and foreseeable future, expat opportunities have and will continue to afford pilots an alternative outlet to maintain their current life styles.
As in the past, and present, and foreseeable future, expat opportunities have and will continue to afford pilots an alternative outlet to maintain their current life styles.
05-07-2018, 07:35 PM
#118
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Joined APC: Nov 2010
Posts: 1,785
Originally Posted by Flytolive
Fuel up again today. Bad for airlines in general, but especially for Norwegian. More cash they can't afford to burn.
Originally Posted by Joachim
That post says more about you than it does Norwegian.
I remember Independence Air guys not liking it either when it was pointed out that $.24 CASM and $.14 RASM was unsustainable. Norwegian's -31% Q1 operating margin isn't either.
But at least they are going to have 100% of their short haul flying 'electric' by 2040.
https://www.theguardian.com/world/20...ectric-by-2040
Maybe they mean 100% of the ones they own by then.
https://www.ch-aviation.com/portal/n...f-140-aircraft
05-09-2018, 01:59 AM
#119
In a land of unicorns
Joined APC: Apr 2014
Position: Whale FO
Posts: 6,459
Originally Posted by Flytolive
But at least they are going to have 100% of their short haul flying 'electric' by 2040.
https://www.theguardian.com/world/20...ectric-by-2040
Maybe they mean 100% of the ones they own by then.
https://www.ch-aviation.com/portal/n...f-140-aircraft
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