​Norwegian Clings To Restructuring Hopes As Q1 Losses Widen

FlightGlobal

Norwegian’s Q1 losses have widened significantly to $460 million and the company remains in “hibernation mode”, in the hope that its recent financial restructuring and state-aid lifeline will enable it to have a future. The Scandinavian budget carrier aims to gradually “re-emerge” in a slimmed-down form from Q2 2021.

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