Norwegian Secures State Aid After Refinancing; Realigns Company Structure

Victoria Moores May 20, 2020
aircraft
Credit: Norwegian
LCC Norwegian has completed a vital NOK12.7 billion ($1.27 billion) debt to equity conversion, unlocking a NOK3 billion Norwegian government loan guarantee, but CEO Jacob Schram warned of further challenges ahead. Schram also outlined a new company structure to support the airline’s future strategy...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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