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Norwegian Air faces 'very uncertain future' after further aid denied
They were giving the UK
cheap USA flights. [Extra loan guarantees would be too "risky" and "not defensible", the country's government said.] https://www.bbc.co.uk/news/business-54841427 [Norwegian Air said it is facing a “very uncertain future” after the government of Norway refused to grant further financial assistance to the airline. The carrier was bailed out through state aid with stringent conditions attached in the spring, after the first wave of the coronavirus and the grounding of airline fleets. However, with a further winter lockdown in many markets and a slower recovery than hoped, Norwegian had appealed for further aid.] https://www.theguardian.com/business...d-denied-covid |
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