Norwegian Air

Norwegian Air Reports 91% Fall In Traffic Amid Search For More Cash

Norwegian Air, which is attempting to secure a second round of financial restructuring, has said that it experienced a 91% year-on-year decline in pas...

Norwegian Air Aims To Secure More Cash This Year As Losses Balloon

Norwegian Air is aiming to secure funding this year for the next 18 months or more to see it through the COVID-19 pandemic, the budget airli...

Sweden Rejects Credit Guarantee For Struggling Norwegian Air

Sweden's Debt Office has refused a state credit guarantee for Norwegian Air, it has said, renewing liquidity concerns for the struggling air...

Norwegian Air's June Traffic Down 97% Ahead Of Restart

Norwegian Air's June passenger volume was down 96.7% from a year earlier as most of its fleet remained grounded by the coronavirus pandemic, it said o...

Norwegian Air Cancels 97 Boeing MAX And Dreamliners; Claims Compensation

Norwegian Air has cancelled orders for 97 Boeing aircraft and will claim compensation from the US plane maker for the grounding of the 737 M...

Slimmed-Down Norwegian Air To Live On After Share Sale, Refinancing Completed

Budget airline Norwegian Air looks likely to live on in a very slimmed-down form after completing a cut-price share sale and winning bo...

Norwegian Air Shares Plummet As Survival Depends On Rescue Plan

Norwegian Air's shares plummeted on Tuesday April 14, and have now eroded almost their entire value from a 2015 peak, due to the airline's s...

Norwegian Air's March Traffic Tumbles 60% Amid COVID-19 Lockdown

Norwegian Air's passenger volume fell by 60% year-on-year in March as it grounded planes amid efforts to halt the spread of COVID-19, and the airline...