Airlines in a Crisis

What is the plan for the lenders new shareholdings in Norwegian. Why did they not just take the planes back and finished with it. A loss is a loss and better be over and done with it and move on. Are they just leaving the Dreamliners there hoping the Norwegian government through unsecured loans to Norwegian will pay for maintenance and parking for them until the market returns. Then take them back only at such a time when existing or new airlines make signals to move on the Transcontintal markets Norwegian left behind. Unless Norwegian's management in the near future quickly turns around and show they have a plan for all those aircrafts one would assume the planes real owners will take them back. In the meantime they can always make some extra cash by selling the billions of new Norwegian shares to upset norwegians. On the other hand would they not be better off getting in a new management with a vision for the company. A vision for how planes could be utilized whatever it take...

The company have been busy reorganizing it's finance side with converting parts of loans and leases to shares to save the company, selling out the existing shareholders in the process. What have been missing is some operational management and ideas. One would think that with only 7 out of 160 planes in the air they would be on top of things, but no. Daily we read new articles about why they can't keep to in Norway mandated social distancing with middle seat free, and ecuses why. Do not say much for either management nor their IT systems or their control on the aircrafts. Since the newish CEO came in we have been waiting for when his operational plan for how Norwegian should be run would be announced. One certainly can't say he hit the ground running in that department. So far everything new is financial and under the former tempe CEO's remit Norwegian could doo so much more out of this crisis. They have 787's that can take air-containerized freight, but have sho...

It is not only ppe. I have som packages with tracking on the way from China to Ireland. Anything non medical related just get trurned back by security at the airport in China, goes back to the bus station, gets sent to the airport and same again and again. With a 10 day waiting at each step. 3 times now in 3 months, and not going anywhere. 4 other small packages all medical related just goes missing either in China or on destination airports in Europe. Probably stolen because its something covid related you could use at home and people in the system see what it is due to the declaration description. Or sits at airports in Europe for days and weeks awaiting further handling. Earlier packages often went from China to Europe via Russia. This seems to have stopped completely. And it is not only Cina. A postcard took nearly 2 months from Ireland to Norway, My easter greeting arrived yesterday. There is obviously no effective alternative organized for post even within Europe when planes ha...