Page 8 - அஸ்ட்ச் நிதி சேவைகள் கர்ந்ஸீ News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  Company Update - Norwegian Air Shuttle Further to the previous announcements made by the Company regarding ongoing negotiations with both lessees and lending banks, the Board of DP Aircraft I Limited is providing the following update in relation to the two Boeing 787-8 aircraft, LN-LNA and LN-LNB (the Assets ), leased to Torskefjorden Leasing Limited, part of the Norwegian group ( Norwegian ). As previously advised, the pressure placed upon the aviation industry by the Covid crisis led to Norwegian defaulting last year on its lease payments to the Company in respect of the Assets. Following protracted discussions, the Company agreed new terms in principle with the banks providing loan finance in respect of the Assets (the NAS Lenders ), and a revised set of lease terms was signed between the Company and Norwegian. Norwegian subsequently announced in January of this year that it was ending its long-haul operations, as a result of which it would no longer have need of the Asset

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