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Showing posts with the label legal

The substantial risk taking of Norwegian management is confirmed by 700 million outstanding CO2 costs not budgeted for

Not only do the norwegian state demand 400 million in penalties for lack of CO2 quotas handed over for 2020. They are also demanding the handing over of an estimated 300 million worth of CO2 quotas. That is a nkr 700 million demand against only 15 million set off in the accounts of  the airline Norwegian to cover it. With such a large disputed demand against the airline, disputed because the airline itself thought this demand disappeared in the financial reconstruction of the airline 2 years ago, it is strange based on a very thin result they would commit to so much expansion. And even stranger that leasing companies would agree to such an increased risk based on the history of the airline. Not only is it a substantial financial risk but it will also tie up mangement in court and indecision at a time when they should be operationally rebuilding the airline. That is not the time to plan for a rapid 50% expansion which is bound not to only take massive resources. That many new routes cou

Norwegian should show some goodwill towards it's hopefully temporarily laid off pilots

It have been suggested that Norwegian could give their (ex)pilots some at least simulator time so they can keep their licences current during the CoVid19 crisis. A pilot must have ompleted 3 take offs and landings in the last 90 days to be able to fly a jet with passengers without pairing with an instructor. Having decided to park most of its fleet for 12 months a lot of their pilots will become uncurrent. Keeping their certificates alive should be a very small outlay in a difficult situation. Think of it. Norwegian is flying no ne of their 787 fleet whatsoever as part of their 7 planes in the air program. That could lead them with no current pilots whatsoever, including instuctors/examiners, to start up again. That could be a massive headache. Not to talk about that parking planes outdoors in Europe without flying now and then is a maintenance nightmare. Pretending they don't know these pilots is the worst they could have done and places the company in a difficult and uncler