Norwegian has launched a new environmental sustainability strategy that will begin immediately and deliver several industry leading targets. Norwegian Air aims to raise up to 4 billion Norwegian crowns ($455.4 million) from the sale of new shares or hybrid instruments. Norwegian Air continues to struggle in wake of Covid-19 slowdown 6 October 2020 Airline News September traffic figures at Norwegian have been heavily influenced by … Norwegian Air Argentina - Developments from May 2018 to purchase by Jetsmart Argentina in late 2019 December 6, 2020 LATAM Argentina suspended operations indefinitely (announced 17Jun20) November 23, 2020 Low-cost carrier Norwegian Air doesn’t expect to resume long-haul international flights until summer 2021. Norwegian Air Seeks Bankruptcy Protection, to Restructure Low-cost carrier Norwegian Air Shuttle is seeking restructuring and bankruptcy protection in Ireland, where its fleet is held. Following a chaotic few days for Norwegian Air including a … johan nilsson / tt news agency / afp Embattled low-cost carrier Norwegian Air Shuttle said Tuesday it had secured bankruptcy protection in Norway, after recently receiving a … After a turbulent few weeks, Norwegian has a completely new set of owners. Large aircraft leasing companies that have unwillingly become large shareholders in Norwegian made it clear they wouldn’t oppose a bankruptcy protection order, in the hopes Norwegian can restructure its operations, slim … Norwegian Air was founded in 1993 but began a rapid expansion nearly a decade ago, seeking to apply the business model pioneered by Ryanair in Europe and Southwest in … Business news service E24 reported Monday evening that the bankruptcy protection means creditors can’t demand payment or declare the airline bankrupt themselves. NurPhoto via Getty Images. In October, 319,477 customers flew with Norwegian, a decrease of … Low-cost carrier Norwegian Air Shuttle is seeking restructuring and bankruptcy protection in Ireland, where its fleet is held By The Associated Press November 18, 2020, 4:12 PM Norwegian Air commits to reduce CO2 emissions by 45 percent by 2030 Press releases • Sep 21, 2020 15:00 EDT. Norwegian Air Shuttle issued this report: Norwegian’s traffic figures for October are heavily influenced by lower demand caused by continued travel restrictions across Europe, with several new red zones.