Norwegian Proposes Debt-For-Equity Swap In State Aid Quest

aircraft
Credit: Norwegian
LCC Norwegian Air Shuttle is calling a May 4 extraordinary general meeting (EGM) to seek shareholder approval for plans that would convert debt to equity to meet the requirements of a Norwegian state guarantee program and boost its balance sheet. Norwegian’s board is proposing the debt-for-equity...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

Subscription Required

 

Norwegian Proposes Debt-For-Equity Swap In State Aid Quest is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.