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Norwegian Air Shuttle Files for Bankruptcy Protection

by Bioreports
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Norwegian Air Shuttle ASA filed for bankruptcy protection for two of its core units, marking Europe’s biggest airline casualty yet from the pandemic.

The airline placed the units, including the business that owns and finances almost its entire fleet of aircraft, into examinership in Ireland, an insolvency process that allows a company to restructure its debts and assets over five months.

“Seeking…

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