FIRST AIRED: March 28, 2019

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 2

×

Transcript

00:00:00
more evidence that times are getting tougher for Europe's budget airlines by slams wow S. ceased all operations on Thursday it's just the latest in a long list of struggle is Britain's Malik went Boston twenty seventeen fly B. was sold as a knock down price in January this year German Holiday Ella Jamaal dnia went on Drummond Fleta once false growing Norwegian is making losses , and even my see Ryanair the giants among budgetary lawns in Europe has posted a quarterly loss and issued a profit warning for the year ahead analysts say there is a common theme underlying many of the problems budget airlines expanded too fast resulting in over capacity that spoke to race to the Baltimore office as an alliance for to fill seats Norwegian was the most direct rival for while both were pioneers in low costs trans Atlantic travel linking Europe and the U. S. Norwegian had about Hoff that market while about a quarter but it seems profits have proved elusive Norwegian has already said it will act some roots and shot several bases to cut costs earlier this week the chief executive said his aim to turn profitable in twenty nineteen the Norwegians probably what more the demo is of that I slammed the rival