Norwegian Air Shuttle ASA (NWC.OL)
20 Feb 2019
OSLO Budget carrier Norwegian Air expects to fly a plane out of Iran in the next few days after it made an emergency landing there in December and became stranded, partly due to U.S. sanctions on Tehran.
OSLO, Feb 20 Budget carrier Norwegian Air expects to fly a plane out of Iran in the next few days after it made an emergency landing there in December and became stranded, partly due to U.S. sanctions on Tehran.
OSLO, Feb 19 Norwegian Air's shareholders overwhelmingly endorsed on Tuesday the lossmaking airline's plan for a deeply discounted cash call to help bolster its finances, Chairman Bjoern Kise said.
OSLO, Feb 19 Norwegian Air's shareholders endorsed on Tuesday the loss-making airline's plan for a deeply discounted cash call to help fill its coffers, Chairman Bjoern Kise said.
OSLO Norwegian Air will sell new shares at just a third of the current market price when the loss-making airline seeks to raise money from its owners in the next few weeks, it said on Monday.
* Shares to be priced at 33 crowns vs Friday's close of 97.34
OSLO, Feb 18 Norwegian Air's chief executive and its board chairman agreed to sell some of their subscription rights to a share issue at a discount, in a deal that will help the loss-making carrier raise cash, they said on Monday.
OSLO, Feb 7 Norwegian Air expects to be able to continue to fly passengers to and from Britain in the case of a no-deal Brexit, Chief Executive Bjoern Kjos told Reuters on Thursday.
OSLO, Feb 7 Norwegian Air has signed a letter of intent with an Asian company to form a joint venture on aircraft fleet ownership, Chief Financial Officer Geir Karlsen told a news conference on Thursday, business daily Dagens Naeringsliv reported.
OSLO, Feb 7 Norwegian Air has cut its capacity growth plans for 2019 to just 9 percent from 15-20 percent seen previously as it seeks to preserve cash and prioritise profits over growth, it said on Thursday while reporting a fourth-quarter loss.