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Norwegian Air International application receives boost in Appropriations Bill

Norwegian Air International application receives boost in Appropriations Bill
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Norse Atlantic Airways has reached a pre-hire agreement with the Association of Flight Attendants-CWA: Travel Weekly

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The nascent discount transatlantic carrier Norse Atlantic Airways has reached a pre-hire agreement with the Association of Flight Attendants-CWA (AFA).
The agreement is likely to alleviate concerns that Norse Atlantic will take the same tough posture toward labor that the former low-cost transatlantic carrier Norwegian Air did.
We are thrilled to reach this agreement with AFA and proud to make clear from the start that our airline puts people first, Norse Atlantic CEO Bjorn Tore Larsen said in a press release put out by AFA. Travelers will gain a low-cost, long-haul option, but tickets will never be subsidized by our employees. We strongly believe building an airline with respect for the people who work for Norse is the best way to ensure success. ....

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Norse Atlantic Airways reaches out to airline labor unions, but not all are enthusiastic: Travel Weekly

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The planned December launch of Norse Atlantic Airways as a potential Norwegian Air successor has raised concern from the most powerful labor unions in the U.S. airline industry.
But while the Air Line Pilots Association (ALPA) used tough language in a statement about Norse Atlantic on Tuesday, Association of Flight Attendants-CWA (AFA) president Sara Nelson said Monday that her initial discussions with Norse Atlantic majority owner Bjorn Tore Larsen have been encouraging.
Norse Atlantic formed in March, announcing its intent to fly Boeing 787 Dreamliners between European destinations such as London, Paris and Oslo and U.S. destinations such as New York, Los Angeles and Miami. The new airline hopes to follow in the footsteps of discount carrier Norwegian, which formally abandoned U.S. flying in January after pausing transatlantic service early in the Covid-19 pandemic. ....

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Corporate Rescue – The Examinership Process In Ireland - Insolvency/Bankruptcy/Re-structuring

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With an increasing number of businesses across all sectors
facing significant ongoing loss arising out of measures imposed in
connection with COVID-19, insolvency will unfortunately be
inevitable for some. Directors of insolvent companies are
advised to take immediate steps to review any prospect of survival,
and accordingly, consider the process of Examinership in this
jurisdiction.
Examinership is the process whereby an insolvent company is
placed in the protection of the Court to assist with its survival.
Where a company is, or is likely to be, unable to pay its ....

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