Credit Card Blow for Norwegian Air
#1
Gets Weekends Off
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Joined APC: Nov 2010
Posts: 1,785
Credit Card Blow for Norwegian Air
https://www.thetimes.co.uk/article/c...-air-6jbqn5n02
Brexit
https://www.ttgmedia.com/news/news/n...n-brexit-16861
What went wrong?
https://www.irishtimes.com/business/...-air-1.3775965
Brexit
https://www.ttgmedia.com/news/news/n...n-brexit-16861
What went wrong?
https://www.irishtimes.com/business/...-air-1.3775965
Last edited by Flytolive; 02-04-2019 at 05:07 AM.
#2
Credit card merchants holding onto funds will start a "death spiral" if Norwegian isn't careful. That first article makes me think of what happened to Toys R Us right before they folded - suppliers stopped their shipments fearing Toys' failure to pay for the product with bankruptcy rumors swirling. It helped speed up the company's demise.
#3
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Joined APC: Aug 2015
Position: Captain
Posts: 1,559
Good riddance !!!!!
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