Norwegian Air Seals Jet-Leasing Pact to Boost Balance Sheet

The video discusses the financial performance of a company, highlighting a 13% rise in share price and addressing challenges like the 727 Max issues. It covers a joint venture with China Construction Bank to enhance financial flexibility and strategic plans involving aircraft leasing. The focus is on turning the company profitable, with organizational changes and expert consultations aimed at achieving a 4 billion AC heater improvement by 2021.

What was the main reason for the 800 million Nokia loss faced by Norwegian Airlines?

• Decline in passenger numbers

• Issues with 727 Max aircraft

• Currency exchange losses

• Increased fuel prices

What is the primary goal of the joint venture with China Construction Bank?

• To develop new aircraft models

• To increase passenger capacity

• To create a vehicle for leasing aircraft

• To expand into new markets

How does the joint venture with China Construction Bank benefit Norwegian Airlines financially?

• By reducing operational costs

• By reducing staff numbers

• By freeing up capital expenditure

• By increasing ticket prices

What is Norwegian Airlines' target for AC heater improvement by 2021?

• 2 billion

• 5 billion

• 4 billion

• 3 billion

What is the main focus of Norwegian Airlines for the next 18 months?

• Launching new aircraft models

• Increasing staff numbers

• Achieving year-on-year profitability

• Expanding into new international markets