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Norwegian Air Seeks Protection Under Irish Examinership, Financial Protection Needed


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LONDON – Norwegian Air (DY), whose aircraft assets are held in Ireland, has chosen the Irish Examinership process. DY has taken this decision in the interest of its stakeholders. According to the airline, the purpose of the process is to reduce debt, rightsize its fleet, and secure new capital. This also comes amid the ungrounding […]

The post Norwegian Air Seeks Protection Under Irish Examinership, Financial Protection Needed appeared first on Airways Magazine.

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