What should Norwegian do right now

Hibernation is not the right path for any airline. Neither planes nor crew nor admin or financials benefits from it. They should:
Start to rotate planes so all of them get an airing on a regular basis.
Utilize freight opportunities so also 787's can get flight time.
Start to rotate pilots so they are all ajour with license requirements and up to date on their flying skills. Negotiate with government for flexible utilization of percentage return to work schemes for all employees.
Flexibly add additional later departures for those departures that fill up quickly. It is not like they don't have neither slots, planes or crew available an mass.
Look for near future opportunities in other scandinavian countries where governments may not keep their travel advice for foreign travel as restrictive aw Norway.
Prepare their spanish bases for Scandinavia to the sun as soon as that and other med countries opens up for summer seasonal travel. This would also placate possible lawsuits looming.
Start issuing immediate refunds of those bookings where the money is held by credit givers and are not in the company's accounts. This to ease potential customers doubts about future bookings.
Filter out payment providers that keep to much of the prepays for too long. Get a competition going over who will be with them into the future. There is always PayPal and Stripe.
Implement the Sanitized and Couldn't Care Less classes for all international flights and lobby government for allowing the practice also on domestic.
Prepare systems for all the above.

If they don't have a managment group flexible enough to achieve it, look for replacements.

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