Norway government says will not give more support to Norwegian Air

In this news, we discuss the Norway government says will not give more support to Norwegian Air.

OSLO (Reuters) – The Norwegian government will not provide additional financial support to Norwegian Air NORR.OL, which has been hit hard by the coronavirus pandemic, the Ministry of Industry and the Ministry of Transport said in a statement on Monday. .

Norwegian Air, which has grounded most of its fleet due to the pandemic, said it needs to secure new funding to stay in business beyond the first quarter of 2021.

Reporting by Terje Solsvik; edited by Christian Schmollinger

Original © Thomson Reuters

Originally posted 2020-11-09 00:06:08.

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