Thursday, March 5, 2015

Norwegian’s line: “Enough is enough” – Aftonbladet

Kris Company Norwegian announced on Thursday that they start to get enough of the conflict.

In order to put pressure on unions gave a deadline at 15th

A few hours later came the next responses: Norwegian launches new subsidiary in Sweden, Norway and Denmark.

Norwegian soon go out on the seventh day pilot strike and according to the company, there is a “state of emergency throughout the Group.” Over 100,000 travelers have so far been affected by the pilot strike.

“Enough is enough. Over 100,000 travelers have so far been affected by the pilot strike. The management of Norwegian Air Norway (NAN) has received authority from the management of the parent company to rescue Group from the current crisis, “states Norwegian in a press release.

” very unusual “

On Thursday came Norweigan with a reply. Norwegian’s board has decided to set up three new subsidiaries for the pilots, in the three countries of Norway, Sweden and Denmark.

The reorganization means that all pilots are transferred into the new companies.

– It is very rare to implement this type of control in the midst of ongoing conflict. But it is of course completely in line with what they announced, says Martin Lindgren, President of the Swedish pilot association.



The unions refused

Night’s attempts to get negotiations failed. This meant that the airline, which is the second largest in Scandinavia, took to new methods and gave fackföbunden NPU and Parathyroid to 15.00 hours in which to come to the negotiating table.

– The requirement is absolute. That is what we have asked all the time. Now we need to sit down and negotiate what we talked about all the time, namely tariff agreements on Norwegian Air Norway, says CIO Lasse Sandberg Aker-Nielsen Norwegian E24.

But the unions refused.

– This is a gun to your head, says Paired-conductor Hans Erik Skjæggerud who say they do not intend to give, according to E24.

Back 1.6 billion

Last year Norwegian reverse by 1.6 billion and is considered to be a humdinger economy. The strike is considered to lead to new billion loss.

As the conflict has worsened, Norwegian’s share price has fallen sharply. In one week, the value dropped by 12 percent and seen over a month in the case of 25 percent.



The threat of bankruptcy

There have been claims of insolvency.

Aviation expert Espen Andersen at the Norwegian School of Management BI says it is difficult to see how the Norwegian will handle the situation if Parathyroid and NPU choose not to enter into negotiations at the clock 15th

– A possible solution is to execute the subsidiary bankrupt, but I’m actually not sure if they can do it, he says to E24.

Stopped on the stock exchange

The clock 15:33 stopped all trading in the airline Norwegian’s shares on Oslo Stock Exchange. It should have been done in agreement with the Company, pending a statement that the company should come up with.

The trading halt is most likely a direct connection with the ongoing pilot strike.

LikeTweet

No comments:

Post a Comment