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Norwegian Air Resources France Files for Bankruptcy

Airways has received a document from the French union describing the NAR France bankruptcy. The document states that since March 2020, Norwegian Air Resources (DY/NAR) set in motion its ‘Activité Partielle’, or AP, which is a technical unemployment scheme under a public funding accreditation. The AP runs until March 2021. Norwegian Air Boeing 787-9 Dreamliner | Photo: Daniel Gorun Norwegian Government Aid and Subsequent Restructuring On January 22 of this year, the airline group received €300m (US$360.87m) in public funding from the Norwegian government. Now, according to the French union document, the Group is working on a massive restructuring process; the ‘New Norwegian’ refocused on the short to medium-haul market from Norway and to a lesser extent from that of the Scandic area.

Norwegian Air Resources LTD Files for Bankruptcy

Norwegian Air Drops Long-haul Routes, Cuts 1,100 UK Jobs

Norwegian Air Boeing 787-9 Leaving off from Rome Fiumicino Intl Airport Photo: Andrea Ongaro LONDON – Norwegian Air Shuttle’s (DY) Board of Directors has today outlined a simplified business structure and dedicated short-haul route network. With this plan, DY says it is set to create a robust airline to attract investors. The first order of business is to drop its long-haul operations, which will in turn affect 1,1000 UK workers. The company is known for low-cost travel and for winning numerous awards in that category. As such, DY will build on this foundation, it says, and focus on its core Nordics business, operating a European short-haul network with narrow body aircraft.

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