The long-haul airline disruptor isn’t built for turbulence
Norwegian Air Shuttle probably isn’t about to go bust. However, whether the airline’s high-risk business model can withstand more difficult market conditions appears doubtful. Michael O’Leary, CE of Ryanair , told journalists in London last month that “Norwegian will go in 4 or 5 months.” Norwegian flatly denied it had financial problems, and more recently identified a motive for O’Leary’s accusations: Its mushrooming long-haul business has poached pilots from Ryanair. Crew shortages have forced the carrier to cancel thousands of flights over the coming months. Norwegian’s growth model has showed signs of strain this year. Like Ryanair, Norwegian has faced crew shortages in short-haul, partly because its own pilots have also defected to long-haul. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-02/unaligned/the-long-haul-airline-disruptor-isn2019t-built-for-turbulence
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The long-haul airline disruptor isn’t built for turbulence
Norwegian Air Shuttle probably isn’t about to go bust. However, whether the airline’s high-risk business model can withstand more difficult market conditions appears doubtful. Michael O’Leary, CE of Ryanair , told journalists in London last month that “Norwegian will go in 4 or 5 months.” Norwegian flatly denied it had financial problems, and more recently identified a motive for O’Leary’s accusations: Its mushrooming long-haul business has poached pilots from Ryanair. Crew shortages have forced the carrier to cancel thousands of flights over the coming months. Norwegian’s growth model has showed signs of strain this year. Like Ryanair, Norwegian has faced crew shortages in short-haul, partly because its own pilots have also defected to long-haul. <br/>
