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Norwegian Air

Norwegian Air to raise more money than planned, CEO says

Norwegian Air to raise more money than planned, CEO says

  • Financed largely by debt, Norwegian Air grew rapidly, serving routes across Europe and flying to North and South America, Southeast Asia and the Middle East before the COVID-19 pandemic plunged the airline into crisis.
Published 14 Apr, 2021 12:08pm
Norway plans Norwegian Air loan in extra pandemic spending plan
Business & Finance

Norway plans Norwegian Air loan in extra pandemic spending plan

  • Norways's government said last week it would back Norwegian , which aims to emerge from court-ordered bankruptcy protection as a slimmed-down carrier focused primarily on the Nordic region.
  • The government said on Friday the amount earmarked for the airline was in line with what Norwegian had asked for.
Published 29 Jan, 2021 05:25pm
Irish court grants extension to Norwegian Air's debt restructuring
World

Irish court grants extension to Norwegian Air's debt restructuring

  • The extension to Feb. 25 was granted after a lawyer representing the Irish examiner told the court that the examiner believed the budget carrier had a reasonable prospect of survival.
  • I will grant that application and extend the time for reporting... to the 25th of February.
Published 22 Jan, 2021 07:18pm