Norwegian Air

[turkeyfoot]

Hi
Norwegian Air seems to be safe for a while longer.
Have secured a £221m state backed loan.Unfortuneatly this has meant virtually all existing shareholders are wiped out.

The airline will now go into hibernation for a year, cutting staff, grounding or returning most of its fleet and only flying between Scandinavian couintries.
(we were due to fly with them on our TUI package in September to Arillas)

The company has said more money may be needed.

Geoff