Are there others to rescue Norwegian and for what purpose

 There are always some Norwegians willing to buy small amounts of shares just because its an airline and its name is Norwegian. But not that manry and they are not that flush with cash that it will make a difference. 

The current majority shareholders, the lease owners, are unvoluntering shareowners and its doubtfull if thwy will go for the same stunt again. And they have expressed that they don't want to own airlines. If they let the floodgates open there could be many other airline in financial need that would pay for their leased aircraft in shares instead of readies.

A trade sale or trade investor is always a possibility. If the share price should fall to let#'s say 10 ore or 1 penny the whole share capital could be bought for 300 million nkr or 30 million euro. An investment instead of lets say 50 million nd nulling of the old shares would get you a solid foothold in the Scandinavian market including Scandinavia to the sun/med. Other airlines have done similar investments before , like Ryanair and the purchase of Lauda for an established brand in the German market. 

Then there is the transatlantic/transcontinetal part. There might be people out there that think they can have a better go at creating a low price entrant in this market. After all non of the come and gone entrants so far have created a real low cost. Even Norwegian kept the premium cabin. This much due to the myth that premium passengers pay way over the odds for what they cost. But few have calculated in detail wha this service cost including what it does to dilluting the cost saving manra of the airline and distorting the focus of top managmenert. 

One could see that the in reality 2 parts of Norwegian, Scandiland and Intercontinental could be split into 2 daughters, both operating under the same worked up name tha already have a basis of customers. And the possibility is to move at lease halve and possibly more of this business out of the grasp of the Norway unions in the form of sun routes with plates based in Spain/Italy/Malta and transatlantic with planes based in UK/Ireland/Spain and therefore crew from these places. A trade purchaser like sample Ryanair could even fly the sold as Norwegian sun routes with Buzz (Ryanair Sun), avoid the Wizz backlash and really put Norwegian support trade uinion when it suit them politicians on the back foot.


Comments

Popular posts from this blog

Flyr aftermath

FareAutoCalc for calculating airline seat prices for a profitable result

The Flyr wet leases where not the saviour but possibly what breakes it