Norwegian Air Obtains Creditor Protection

MIAMI – Today, the Irish High Court granted creditor protection to Norwegian Air International (D8) and the Group’s Irish subsidiaries. The Court also extended the creditor protection to parent airline Norwegian Air Shuttle (DY).

Norwegian Air International, a fully-integrated subsidiary of DY, operates 26 out of 139 total aircraft of the Norwegian Group (NAX). It has bases in Spain, Denmark, Finland and the UK. In February 2014, D8 received its operating license and air operator’s certificate issued by Ireland.

Norwegian Boeing 787. Photo source: Luca Flores – @luca_at_lax

High Court Ruling

Judge Michael Quinn assigned KPMG Head of Restructuring & Forensics, Kieran read more ⇒

Source:: “Airways Magazine”

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