Norway Sells Out of Norwegian Air Share Holding for $88 Million
The Norwegian government sold its entire 6.26% holding in Norwegian Air Shuttle AS for 892 million kroner ($88 million).
The airline — which became known for cheap flights between London's Gatwick airport and US hubs like New York and Los Angeles — was forced to restructure in 2021 after the Covid-19 pandemic forced global groundings, with the state stepping in with an offer of support that included convertible debt.
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We will do everything we can to save Alexander Dennis jobs, vows Swinney
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Starmer accused of using private school VAT raid to ‘house illegal migrants'
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