The Norwegian thruth
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Join Date: Aug 2003
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Age: 62
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The Norwegian thruth
Norwgian.no has published a net loss of around 200 million NOK.
The Boss says that he is satisfied claiming that fuelcosts was higher than expected in Q4 of 2008 compared to Q4 2007.
This is not true.
Infact the fuelprice in Q4 2007 was close the the Q4 2008 average price.
From my point of view Norwegian CEO is a coming "comic Ali".
As long as he can open new routes and convince investors to supply more money they will be in the air (latest "news": expanding i Denmark, going trans atlantic ....).
The fact is: Norwegian does not make money flying even if the figures on the paper looks acceptable.
Do remember:
There is three type of lies:
1. Lies
2. Damn good lies
3. Statistics
The Boss says that he is satisfied claiming that fuelcosts was higher than expected in Q4 of 2008 compared to Q4 2007.
This is not true.
Infact the fuelprice in Q4 2007 was close the the Q4 2008 average price.
From my point of view Norwegian CEO is a coming "comic Ali".
As long as he can open new routes and convince investors to supply more money they will be in the air (latest "news": expanding i Denmark, going trans atlantic ....).
The fact is: Norwegian does not make money flying even if the figures on the paper looks acceptable.
Do remember:
There is three type of lies:
1. Lies
2. Damn good lies
3. Statistics
