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Norwegian – Reorganization Plan Cleared By Creditors!

Norwegian – Reorganization Plan Cleared By Creditors!

Norwegian Air Shuttle can now proceed with its reorganization plan, after approvals from courts both in Ireland and Norway, and now their creditors. We have followed Norwegian’s efforts to get approval for its reorganization plan. With operations split [mainly]...
Norwegian Shareholders Approve Restructuring Plan

Norwegian Shareholders Approve Restructuring Plan

Shareholders of Norwegian Airlines on Thursday approved the restructuring and reorganization plan of the airline, in an 80% vote in favour. The goal is to raise the necessary capital and cash flow, to keep the airline in operation. A smaller, more efficient operation....