Norwegian Wins Debt-To-Equity Approval, Unlocks Further State Aid

aircraft
Credit: Norwegian
Norwegian Air Shuttle has won shareholder approval to convert a large slab of debt to equity, a result that makes the ULCC eligible to receive more financial aid from the Norwegian government. In a notification to the Oslo Stock Exchange May 4, the airline said it “received strong support from...
Alan Dron

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

Subscription Required

 

Norwegian Wins Debt-To-Equity Approval, Unlocks Further State Aid 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.