Business & Finance
Norwegian Air has cancelled all remaining 88 jets in Airbus order
- The airline took an impairment charge of 4.8 billion crowns ($93.51 million) in the fourth quarter relating to the termination of aircraft purchase contracts with Airbus and Boeing.
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OSLO: Norwegian Air has cancelled all the 88 narrow-body jets that remained on order from Airbus, a Norwegian Air spokesman said on Friday.
The airline took an impairment charge of 4.8 billion crowns ($93.51 million) in the fourth quarter relating to the termination of aircraft purchase contracts with Airbus and Boeing.