{"id":142610,"date":"2020-05-03T01:06:35","date_gmt":"2020-05-02T23:06:35","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2020\/05\/03\/coronavirus-may-keep-norwegian-flying-but-its-not-much-to-celebrate\/"},"modified":"2020-05-03T01:06:35","modified_gmt":"2020-05-02T23:06:35","slug":"coronavirus-may-keep-norwegian-flying-but-its-not-much-to-celebrate","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=142610","title":{"rendered":"Coronavirus may keep Norwegian flying \u2013 but it\u2019s not much to celebrate"},"content":{"rendered":"<p>For the over-ambitious airline\u2019s bondholders, investors and lessors, survival means the lesser of two evilly large lossesAs one of Norway\u2019s greatest exports, A-ha, put it, in their classic 1980s hit Take on Me, it\u2019s no better to be safe than sorry. This advice may appear ever more overwhelmingly wrong to those who bet their kroner on the vision of the two Bjorns, Kjos and Kise, the co-founders turned chief executive and chairman of Norwegian Air.The pair wisely exited the scene last year after an extraordinary ride during which they turned Norwegian from a small local carrier into a global pioneer of low-cost, long-haul air travel, and eventually established bases all around Europe. With half an eye on transatlantic links and another on a booming short-haul operation, Norwegian became a dizzying array of subsidiaries whose complexity could not disguise the fact that it was heading for financial disaster. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/2020\/may\/02\/coronavirus-may-allow-norwegian-airline-to-survive\" target=\"_blank\">Coronavirus may keep Norwegian flying \u2013 but it\u2019s not much to celebrate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the over-ambitious airline\u2019s bondholders, investors and lessors, survival means the lesser of two evilly large lossesAs one of Norway\u2019s greatest exports, A-ha, put it, in their classic 1980s hit Take on Me, it\u2019s no better to be safe than sorry. This advice may appear ever more overwhelmingly wrong to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-142610","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/142610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142610"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/142610\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}