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Lessors raise concerns over Norwegian aircraft returns


By Cirium2021-02-04T19:12:00+00:00
Law firms representing Norwegian’s lessors and creditors have raised concerns over the airline’s bid to repudiate 36 aircraft leases under its restructuring process.
In a hearing on 4 February at the Dublin High Court, as part of Norwegian’s Irish examinership process, Lisa Smyth from McCann Fitzgerald – representing companies including SMBC Aviation Capital and FPG Amentum – raised concerns over the “deluge” of paperwork that had “bombarded” creditors as part of the repudiation process.
Source: Norwegian
She cites multiple applications received from Norwegian and its subsidiaries in relation to the return of 36 aircraft to their owners, the most recent being submitted on 3 February, leaving little time to respond. ....

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Norwegian Long-Haul Flights 'Unlikely' to Return if Airline Survives


December 20, 2020
December 19, 2020 by David NikelHome » Travel » Travel News » Norwegian Long-Haul Flights ‘Unlikely’ to Return if Airline Survives
The days of Norwegian s budget long-haul flights between Europe and the USA could be over, regardless of whether the airline survives its financial crisis.
Norwegian Air is currently operating under bankruptcy protection, awaiting its second dramatic corporate restructure in a matter of months. Just six Norwegian planes remain in the air on a handful of domestic routes because of support from the Norwegian government.
Known internationally for its low-cost concept of long-haul travel, notably between the US and Europe, the future airline is going to look very different if it survives. ....

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