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Norwegian Air Shuttle ASA

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  • Thursday, 21 January, 2021
    Norwegian’s latest rescue plan receives government support

    Oslo coalition ‘positive’ about low-cost airline’s proposal to end long-haul flights and refocus on Nordic region

  • Thursday, 14 January, 2021
    Norwegian to abandon long-haul as it fights for survival

    Low-cost airline’s plans to exit bankruptcy protection would all but wipe out existing shareholders

  • Wednesday, 16 December, 2020
    Inside BusinessRichard Milne
    Norwegian Air woes reveal the hazy status of corporate nationality

    When things go badly, where a company calls home can matter

  • Thursday, 3 December, 2020
    Norwegian Air Shuttle launches emergency rescue plan to save company

    Airline to cut size of fleet and raise new money after filing for creditor protection

  • Wednesday, 18 November, 2020
    Norwegian Air Shuttle files for protection from creditors

    Airline becomes biggest aviation casualty of pandemic as it enters into Irish equivalent of Chapter 11

  • Monday, 9 November, 2020
    Norwegian Air’s wild ambitions narrow down to survival

    Pioneering airline’s future in doubt as government in Oslo refuses to give bespoke support

  • Monday, 9 November, 2020
    Lex
    Norwegian Air: stall warning Premium

    Airline needs money but Norway’s government rightly fears any cash injection would not be repaid

  • Monday, 9 November, 2020
    Norwegian Air warns of ‘uncertain’ future as government refuses aid

    Norway’s government says further support for airline would not be a ‘sound’ use of taxpayers’ money

  • Friday, 28 August, 2020
    Norwegian Air warns bailout will not be enough

    Imposition of Covid-19 related quarantines across Europe has dashed carrier’s recovery hopes

  • Promoted Content
  • Tuesday, 30 June, 2020
    Norwegian takes first legal action against Boeing over 737 Max

    Low-cost airline also hits plane maker with biggest cancellation of troubled jet

  • Wednesday, 20 May, 2020
    Leasing groups take big stakes in Norwegian Air

    Bank of China unit becomes shareholder as low-cost carrier seals state-backed rescue

  • Friday, 15 May, 2020
    The Top LineRichard Milne
    Covid-19 will test the moneymaking heroism of today’s Viking raiders

    The troubles of Bjorn Kjos and Petter Stordalen show the risks of aggressive debt-fuelled expansion

  • Monday, 4 May, 2020
    Lex
    Norwegian Air: taking a flyer Premium

    Lenders and lessors had little alternative but to accept the debt-for equity swap

  • Monday, 4 May, 2020
    Norwegian investors back debt-for-equity swap to unlock rescue

    Airline’s shareholders support plan to gain state-backed loan guarantees in move to avoid bankruptcy

  • Monday, 27 April, 2020
    Norwegian says aircraft likely to remain grounded until 2021

    Bleak forecast comes as the low-cost carrier pursues a $1.2bn debt-for-equity swap

  • Friday, 20 March, 2020
    Airlines
    Norwegian air rescue highlights government dilemmas

    Bailouts may save airlines that would have failed anyway

  • Friday, 13 March, 2020
    Airlines
    BA chief warns airline faces fight for survival

    UK group in talks for urgent financing as other carriers scramble to weather cancellations

  • Thursday, 12 March, 2020
    Inside BusinessRichard Milne
    Norwegian is facing a tough flight to safety as coronavirus hits

    Airline’s debt levels and cash reserves raise fears it may breach bond covenants

  • Tuesday, 10 March, 2020
    Coronavirus pandemic
    Airlines slash flights as coronavirus hits travel demand

    Qantas warns slump will be ‘survival of the fittest’ as American, Delta and United lower forecasts

  • Friday, 6 March, 2020
    Norwegian Air shares plunge to 15-year low

    Analysts warn airline will have to raise fresh capital, prompting 27% fall in stock

  • Thursday, 13 February, 2020
    Lex
    Norwegian Air: Schram jet Premium

    The bigger question hangs over whether long-haul and low-cost air travel has a future

  • Wednesday, 20 November, 2019
    Norwegian picks McKinsey adviser as its new chief

    Jacob Schram sets target of returning the embattled low-cost carrier to profit

  • Tuesday, 5 November, 2019
    Airlines
    Norwegian taps investors again for extra cash

    Airline attempts to secure finances ahead of tricky winter season

  • Sunday, 3 November, 2019
    News in-depth
    Norwegian’s new boss battles to save struggling airline

    Geir Karlsen has huge task as he attempts to shore up finances in the low-cost carrier

  • Thursday, 24 October, 2019
    Norwegian Air seals Chinese bank deal to finance expansion

    Joint venture will be responsible for acquisition of 27 Airbus aircraft

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