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“We’re Back!” Norwegian Air Shuttle Is Out Of Bankruptcy

“We’re Back!” Norwegian Air Shuttle Is Out Of Bankruptcy

by Spyros Georgilidakis | May 27, 2021 | News

Yesterday, Norwegian officially ended its bankruptcy protection status, having rid itself of most of its debt. But they still face challenges, as a smaller airline. Already last week, the troubled low-cost carrier announced that they raised NOK 6 billion ($721...
Norwegian – Reorganization Plan Cleared By Creditors!

Norwegian – Reorganization Plan Cleared By Creditors!

by Spyros Georgilidakis | Apr 12, 2021 | News

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]...
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