European carriers took further steps to avoid Ukraine, while airline shares sank after tension mounted through the weekend over Russia’s troop buildup at the border. KLM...
Norwegian Air said on Sunday it had secured support from enough bondholders for a $1.2 billion debt-for-equity swap, a vital step in helping it survive the coronavirus...
Norwegian Air’s proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity swap showed on Monday....
Norway is to shut its ports and airports from Monday in an attempt to curb the spread of coronavirus, although exemptions will be made for Norwegians...