A passenger aircraft, operated by Norwegian Air Shuttle. Photograph: Carina Johansen/Bloomberg

Norwegian Air Shuttle losses topped €2 billion last year, according to results published on Friday. The Scandinavian airline is under Irish High Cour(...)

Norwegian Air Shuttle is seeking to implement a rescue. Photograph: iStock

Troubled airline Norwegian Air Shuttle (NAS) is seeking to hand back 36 aircraft to lessors as it seeks to cut its fleet in an overhaul of the busines(...)

Norwegian hopes to emerge from the Irish examinership in April, after which it could initially fly up to 53 aircraft, depending on how Covid-19 travel restrictions hit bookings. Photograph: PA

Norwegian Air Shuttle (NAS) told creditors it plans to cut its fleet by more than half as it prepares for a crucial Irish court date on Thursday. The(...)

Norwegian Air Shuttle has been shifting planes from Scandinavian bases to Shannon Airport in recent in weeks in preparation for returning them to the aircraft lessors that supply most of its 140-strong fleet. Photograph: Norwegian Air/PA Wire

Norwegian Air Shuttle (NAS) has been moving aircraft to Shannon Airport as the troubled carrier begins cutting its fleet ahead of restructuring. NAS (...)

 Aercap buys aircraft  from manufacturers Airbus and Boeing, and leases them to 200 airlines in 80 countries

Aircraft leasing giant Aercap raised $8.3 billion (€6.8bn) in 2020, the Irish company said in a statement on Tuesday. Dublin-headquartered Aercap buy(...)

Daniel Kinahan, who founded MTK in 2012. Photograph: Collins

Irish gangland figure Daniel Kinahan is using a boxing company he founded to launder drug trafficking money through high-profile bouts, according to d(...)

Norwegian last month elected to seek the Irish courts’ protection as its 140 aircraft are held in companies registered in the Republic. Photograph:  Getty Images

Creditors in Scandinavia have filed claims of close to €170 million against troubled airline Norwegian Air Shuttle (NAS), which has court protection i(...)

Norwegian opted to seek protection in the Irish courts to allow it restructures as its 140 aircraft are held by companies based in the Republic.

Norwegian Air Shuttle secured a crucial lifeline on Monday when the High Court granted the embattled carrier and five Irish subsidiaries protection fr(...)

Norwegian Air, which has filed for bankruptcy protection in Ireland, has reported a 95 per cent collapse in passenger numbers in November. The troubl(...)

Norwegian Air’s key Irish subsidiaries got High Court protection from creditors on Wednesday in the latest bid to rescue the troubled Scandinavian airline group. Photograph: Toms Kalnins/EPA

Creditors took or threatened legal action against two of troubled airline Norwegian Air Shuttle’s Irish subsidiaries before those companies got court(...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »