Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company’s fleet, the budget carrier said on Monday. “We have done everything we can to avoid making this last-resort decision and we have asked for access to government support in both Sweden and Denmark,” Chief Executive Jacob Schram said in a statement. “We are working around the clock to get through this crisis and to return as a stronger Norwegian with the goal of bringing as many colleagues back in the air as …read more
Source:: Yahoo Finance
