U.S. Foreign Carrier Permit Long Overdue: Kjos

The transcript covers Norwegian Air Shuttle's financial challenges due to Dreamliner issues and permit delays, the status of their foreign carrier permit approval, and their strategic response to oil price fluctuations. It also discusses the competitive landscape with Ryanair and EasyJet, and the minimal impact of the Ebola outbreak on their operations. CEO Bjorn Kjos provides insights into the company's strategies and market positioning.

What were the two main financial challenges faced by Norwegian Air Shuttle as mentioned in the video?

• High employee turnover and increased fuel costs

• Irregularities with Dreamliners and delayed technical approvals

• Rising competition and decreased passenger numbers

• Increased maintenance costs and higher taxes

What is Norwegian Air Shuttle's strategy when it comes to hedging oil prices?

• They do not hedge at all

• They hedge when oil prices are high

• They hedge when oil prices are low

• They hedge based on competitor actions

How does the movement of the Norwegian krone impact Norwegian Air Shuttle?

• It makes their operations more expensive

• It only affects their domestic flights

• It has no impact on their operations

• It can offset the benefits of lower oil prices

How does Norwegian Air Shuttle view its competition with Ryanair and EasyJet?

• They see them as unbeatable competitors

• They are not concerned about them

• They believe they can compete well by using them as feeders

• They plan to merge with one of them

What external factor was mentioned as having little impact on Norwegian Air Shuttle's operations?

• The Ebola outbreak

• The COVID-19 pandemic

• Brexit

• The US-China trade war