Norwegian Air faces ‘very uncertain future’ after further aid denied

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Sumary of Norwegian Air faces ‘very uncertain future’ after further aid denied:

  • 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..
  • Before the coronavirus crisis it was also a significant player in the UK leisure and short-haul market, and one of the biggest airlines at London Gatwick….

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