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Norwegian Air Shuttle Liquidation Amounts to €6bn

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LONDON – The liquidation of Norwegian Air Shuttle (DY), as court documents show, would leave a deficit of €6bn and write off most of its assets. An independent accountant’s report shows that the liquidation and writeoff of DY assets would leave it with a deficit of US$7.1bn (€5.98bn), effectively eliminating any possibility of creditors collecting […]

The post Norwegian Air Shuttle Liquidation Amounts to €6bn appeared first on Airways Magazine.

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