for over a year, the company behind the airline British Airways tried to buy the Norwegian airline Norwegian.
But on Thursday last week announced the owner of British Airways, IAG, giving up the acquisition of the Norwegian airline, and that it had put its shares in Norwegian for sale.
on Tuesday told the owners of the Norwegian so that they have put in a lot of new shares in the company for sale. Precise shares of the three billion Norwegian kroner, which is equivalent to 2.3 billion crowns.
This announcement was given shareholders of Norwegian to punish the company by lowering the price of the shares. The value of the shares decreased by 21.5 percent on Tuesday.
– It is an expression of the fact that investors are not completely satisfied with the solution, as the company has come forward to. The challenge is that they (Norwegian, red) and have the money, and it is expensive to be poor. It is also, as the Norwegian brands now, says Jacob Pedersen, who is aktieanalysechef in Sydbank.
Jacob Pedersen can’t imagine that the big aktiefald in Norwegian on Tuesday is an indication that the company is close to bankruptcy.
– I can’t see that they will go bankrupt, they can easily go on the market and find the money. It looks, as we know now, and should it, at one time or another did not prove to hold, then I am sure that there is someone who will buy Norwegian.
– I can’t see that Norwegian will disappear from the map. This is a Norwegian big-brand, it is an airline that has been, and still is, a huge commercial success. It has moved the boundaries of what a european airline, when it started to fly long distance, ” explains Jacob Pedersen
Sydbank aktieanalysechef think that having a bankruptcy come closer in Norwegian, so norwegians support their country’s airline.
– Now it’s not like you lack money in Norway, you have big oil reserves, so I am convinced that there is a pengerigelighed in Norway.
the Norwegian is known as a low-cost airline, where you can buy flights to the UNITED states for almost no money. But aktieanalysechefen do not believe that a solution to the economic crisis in the Norwegian will be to raise fares.
– It is not difficult for the Norwegian to increase the fares, so the company can get to earn money, but it is not certain. If they increase the prices, so you can expect some of the passengers disappears over to the other airlines, ” explains Jacob Pedersen from Sydbank.
One reason for the Norwegian is the lack of money is, according to Sydbank aktieanalysechef that the company has been a little too good to buy new flights home, to their growing fleet of winged transport.
Many of the new aircraft have been delivered late, which is a problem, since Norwegian had sold tickets for the new flights. Therefore, the company has had on the credit market and the rental aircraft – and it is an expensive solution, especially at a time when it must compensate passengers for delays and cancellations.
– the Norwegian is in a self-created crisis. They have been too busy to grow and buy new aircraft home. It has cost the Norwegian a lot of money in 2018, probably up around 3 billion Norwegian crowns, which is the amount the company is missing, says Jacob Pedersen.
Jacob Pedersen believes that the Norwegian will use the new injection of capital to grow and create economic profits in the popular airline. Consequently, the customers will prospectively still be able to fly cheaply to the UNITED states in the new aircraft coming on time.
Norway’s richest person, shipowner John Frederiksen, together with a group of investors thrown two billion Norwegian kroner into Norwegian. 250 million Norwegian crowns in the capital injection comes from the ceo, Bjørn Kjos.
This means that all the money that the airline in the first place was missing on Tuesday, are now guaranteed.
