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OSLO, May 26 — Norwegian Air emerged from six months of bankruptcy protection today with a smaller fleet and its debt almost wiped out, the budget carrier said, but also facing stronger competition and a lingering uncertainty wrought by the pandemic. The budget airline said on Friday it had...
Monday, 03 May 2021 08:53 PM MYT Parked Boeing 737-800 aircrafts belonging to budget carrier Norwegian Air are pictured at Stockholm Arlanda Airport, in this March 6, 2015 file picture. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. OSLO, May 3 — Budget airline Norwegian Air said it expects to have a cash holding of 7 billion crowns (RM3.4 billion) if it manages to raise the full amount of capital it is seeking this month. Norwegian is aiming to raise 6 billion crowns in fresh capital as part of a scheme to emerge from bankruptcy protectio...