|
Trip Planning Florida Florida Holiday Planning Questions, Suggestions and Tips. |
|
Thread Tools | Search this Thread | Display Modes |
17 Nov 19, 11:09 AM |
#1
|
Trying for More Ears
Join Date: Apr 15
|
Flying with Norwegian Airlines.
I've seen really good flight prices for next Summer, direct both ways, London to Tampa, £511 each.
Flights are with Norwegian...Did I read on here recently that they were in some kind of difficulties, and if so, have they sorted it and are people still booking with them? Obviously we'll get insured as soon as booked and pay with CC but after a few flight 'dramas' in the past I'd rather not go through it again (although for that prices...) Thanks all |
17 Nov 19, 11:22 AM |
#2
|
|
Dancing with Tink'
Join Date: Jan 18
Location: Derby
|
We've flown with them 4 times now and have booked for this August too. There is so much speculation about budget airlines at the moment but if people don't book with them, they will ultimately fail and we'll only be left with the expensive ones! Just use a credit card to protect yourself.
|
|
|
17 Nov 19, 04:09 PM |
#3
|
|
VIP Dibber
|
Their loan repayment dates have been rearranged for two years so you should be OK
|
|
|
18 Nov 19, 10:23 AM |
#4
|
|
Imagineer
|
Their loan repayment has been rescheduled, they were in profit in their last financial statement and they have returned most of their wet lease aircraft so trying hard to keep the cash flow positive - so far, so good.
Once they have the 737 max & dreamliner issues fully resolved, they will be able to re-focus on growth again. It's more likely they'd be bought out than go bust to be honest.
__________________
|
|
|
18 Nov 19, 12:12 PM |
#5
|
|
Imagineer
|
Then why were they selling more shares to desperately raise money only weeks after stating they made a profit. A profit that was made during their most busy quarter.
Their loan were extended, but they still make stupidly high payments to all their debt which will be higher than their income over the next 2 quiet quarters. They have already admitted that next year is going to be tough if fuel prices rise as they havent any money to hedge fuel prices now while they are low. Anyone travelling with them should still be aware that most travel insurance companies will not cover them for airline failure as they are 'at risk'. A credit card covers your airline payment, but not the rest of your holiday, tickets, hotels etc if the airline go bust. So if the airline went under a few days before you traveled, you could end up having to pay out for a costly flight, or loose the cost of your tickets and hotels. And who will buy Norwegian now as they moved all their assets to a side company or sold them and leased back. Who bought Thomas Cook, Monarch, Air Berlin or Wow. Why would anyone buy Norwegian, when any other airline knows that when they fail the passengers will just come and rebook with them.
__________________
Sept 2002 - Sheridan Vista, Sept 2007 - Polynesian Aug 2008 - WL / GF Club, Sept 2014 - PO FQ Aug 2015 - PO RS, Aug 2016 - PO RS Aug 2017 - RPR & AKL, Oct 2019 - HRH & BC Oct 2022 - RPR, Poly & AKL Edited at 12:20 PM. |
|
|
|
DIBB Savings |
AttractionTickets.com
Get £10 off each Disney Ticket with the code ATDIBB10 Get up to £50 off per room at Disney or Universal with the code DIBBHOTELS |
theDIBB Blog |
Guests can book their 2025 Hotel and Ticket package early to enjoy Free Dining &... Read More »
The iconic 1900 Park Fare restaurant is opening its doors once again at Disney’s Grand... Read More »
One of the the five worlds found in Epic Universe, How to Train Your Dragon... Read More »
|
theDIBB Menu |
Exchange Rates |
US Dollar Rates
Euro Rates |
DIBB Premium Membership |
Did you know you can help support theDIBB with Premium Membership? Check out this link for more information and benefits, such as... "No adverts on theDIBB Forums" Upgrade Now |