Norwegian: Shareholders accept restructuring plan

Boeing 787 (Photo: Jan Gruber).
Boeing 787 (Photo: Jan Gruber).

Norwegian: Shareholders accept restructuring plan

Boeing 787 (Photo: Jan Gruber).
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The shareholders of the insolvent Norwegian Air Shuttle have accepted the restructuring plan. The approval is said to have been 99 percent. However, there is still no solution for the cancellation of the bulk order from Boeing, which management wants to get rid of.

Norwegian is to concentrate in future on flights within Norway as well as tourist routes within Europe. The Long haul is history and will no longer be reactivated. The group is in bankruptcy proceedings in Ireland and Norway. They reported in the United States Chapter 15 bankruptcy protection

An agreement was reached with Airbus on the Large order cancellation over 58 aircraft of the A320neo series. The European aircraft manufacturer will withhold the down payments. An agreement has not yet been reached with Boeing, because this manufacturer insists on the United States as the place of jurisdiction.

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Editor of this article:

René Steuer is an editor at Aviation.Direct and specializes in tourism and regional aviation. Before that, he worked for AviationNetOnline (formerly Austrian Aviation Net), among others.
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René Steuer is an editor at Aviation.Direct and specializes in tourism and regional aviation. Before that, he worked for AviationNetOnline (formerly Austrian Aviation Net), among others.
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Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

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