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Oslo coalition ‘positive’ about low-cost airline’s proposal to end long-haul flights and refocus on Nordic region
Low-cost airline’s plans to exit bankruptcy protection would all but wipe out existing shareholders
When things go badly, where a company calls home can matter
Airline to cut size of fleet and raise new money after filing for creditor protection
Airline becomes biggest aviation casualty of pandemic as it enters into Irish equivalent of Chapter 11
Pioneering airline’s future in doubt as government in Oslo refuses to give bespoke support
Airline needs money but Norway’s government rightly fears any cash injection would not be repaid
Norway’s government says further support for airline would not be a ‘sound’ use of taxpayers’ money
Imposition of Covid-19 related quarantines across Europe has dashed carrier’s recovery hopes
Low-cost airline also hits plane maker with biggest cancellation of troubled jet
Bank of China unit becomes shareholder as low-cost carrier seals state-backed rescue
The troubles of Bjorn Kjos and Petter Stordalen show the risks of aggressive debt-fuelled expansion
Lenders and lessors had little alternative but to accept the debt-for equity swap
Airline’s shareholders support plan to gain state-backed loan guarantees in move to avoid bankruptcy
Bleak forecast comes as the low-cost carrier pursues a $1.2bn debt-for-equity swap
Bailouts may save airlines that would have failed anyway
UK group in talks for urgent financing as other carriers scramble to weather cancellations
Airline’s debt levels and cash reserves raise fears it may breach bond covenants
Qantas warns slump will be ‘survival of the fittest’ as American, Delta and United lower forecasts
Analysts warn airline will have to raise fresh capital, prompting 27% fall in stock
The bigger question hangs over whether long-haul and low-cost air travel has a future
Jacob Schram sets target of returning the embattled low-cost carrier to profit
Airline attempts to secure finances ahead of tricky winter season
Geir Karlsen has huge task as he attempts to shore up finances in the low-cost carrier
Joint venture will be responsible for acquisition of 27 Airbus aircraft
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