Norwegian can save billions of dollars on the price of oil – Business

"It is obviously positive that oil prices are falling .. All other things being equal, the amount of the issue will be reduced if oil prices fall." The likelihood of a problem is lower Peter Hermanrud Sparebank 1 Markets in Dagens Næringsliv states that

Recently, speculation has run high that Norwegians may be forced to raise new shares because of rising oil prices – but recent developments have belied forecasts. But Norwegian still needs money.

"The drop in oil prices is good news for all airlines, including ourselves," said Anne-Sissel Skånvik, director of communication in Norwegian at Dagens Næringsliv.

In early October, the price of oil reached a high of more than 86 dollars. Now the price is under $ 60, while on Monday it is $ 60.49.

It saves 3.6 billion NOK a year. The weaker krone is devouring 850 million Norwegian kroner, but 2.7 billion Norwegian people can still be saved.