davidjohnson6 wrote:If there is material doubt over Norwegian as a going concern...
There is no need for an 'if' there. The CEO has repeatedly noted things are dire.
davidjohnson6 wrote:is it optimal for a lessor to recall their aircraft, just to have certainty that the aircraft can be flown to somewhere other than Norway and put into storage, safe from the reach of any bankruptcy court that could take its time deciding what to do with any borrowed aircraft ?
What's the evidence that courts in countries with bankruptcy proceedings firmly established in rule of law (as a shorthand, let's say countries of the OECD), have a problem quickly peeling off aircraft assets? Aeromexico and LATAM lease returns have proceeded without drama even in COVID. Where would NAS file for reorganization or liquidation? Do you think Norwegian/Irish/UK/U.S. courts would struggle?