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Norwegian – Cancellations for Airbus, Boeing UPDATED

Norwegian – Cancellations for Airbus, Boeing UPDATED

With its restructuring up for approval, aircraft manufacturers nervously wait to hear about order cancellations from beleaguered Norwegian Air Shuttle. We saw repeatedly how the airline has been struggling to stay in operation, despite an array of challenges. Even...
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....