Ryanair Says Low Cost Carrier Norwegian Air Is Haemorrhaging Money And Will Go Bust

Michael O'Leary made the prediction as a new partnership between Ryanair and Cork Airport based Atlantic Flight Training Academy was announced today.

The 5 year partnership will see 100 pilots a year trained at the Academy, create 50 new jobs and provide an annual €3 million boost for Cork.

Earlier this year Norwegian said it was ending its three times weekly Cork to Boston/Providence route at the end of October due to low demand. 

A spokesperson for the Scandanavian carrier says O'Leary's comments have "no root in reality". 

Speaking to RedFM News, Ryanair's Kenny Jacobs says Norwegian is struggling:
 

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