SHORT: NWARF full of debt and headed into bankruptcy
Norwegian Air has burned through all its bailout money and is now headed into bankruptcy by Q1 2021.
The execs are just going through the motions to provide themselves with exit payments before filing for bankruptcy in early 2021.
NAS stock has no future as the company is up to its eyeballs in debt and a second wave of virus is on its way.
A sad goodbye to a quality budget carrier. Sell why you still can.....
DAL and other stronger airlines are starting to head up while Norwegian Air is headed down to 0.6 and then zero in Q1 2021.
They have far too much debt now and are looking for more loans to stay afloat through Christmas.
Only the foolish will loan them more money with a 2nd wave of the virus on its way.
Bail why you can....
The execs are just going through the motions to provide themselves with exit payments before filing for bankruptcy in early 2021.
NAS stock has no future as the company is up to its eyeballs in debt and a second wave of virus is on its way.
A sad goodbye to a quality budget carrier. Sell why you still can.....
DAL and other stronger airlines are starting to head up while Norwegian Air is headed down to 0.6 and then zero in Q1 2021.
They have far too much debt now and are looking for more loans to stay afloat through Christmas.
Only the foolish will loan them more money with a 2nd wave of the virus on its way.
Bail why you can....