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Norway extends duration of pandemic loan guarantees to airlines | Malay Mail

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OSLO, Nov 24 — Norway will extend the duration of pandemic-related loan guarantees given to airlines, the government said today, but did not make additional funds available to crisis-hit Norwegian Air. The revised plan will give airlines up to three years to repay loans guaranteed by the...

Passengers board a Norwegian Air plane in Kirkenes, Norway October 26, 2019. — Reuters pic

The revised plan will give airlines up to three years to repay loans guaranteed by the government, an increase from two years originally, the Industry Ministry and the Ministry of Transportation said in a joint statement.

 

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