OSLO: Norwegian Air's passenger volume fell by 60per cent year-on-year in March as the company gradually grounded its fleet amid global efforts to halt the spread of the novel coronavirus.
Norwegian has said it will cancel 85per cent of its flights and furlough 90per cent of staff while seeking financial aid from Norway's government.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UN chief urges govts to protect women during virus lockdownUN Secretary General Antonio Guterres is urging governments around the world to include the protection of women in their response to the deadly ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Quibi launching Hollywood 'on the go' streaming amid COVID-19 lockdownLOS ANGELES: Quibi, the multi-billion-dollar streaming platform launching Monday (Apr 5), is betting it can transform entertainment with short, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
CIMB offers relief to Singapore retail customers amid virus outbreakCIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Coronavirus: Malaysia govt takes pulse on weak economy amid tough virus battleKUALA LUMPUR - It was after 8pm last Monday (March 30) when sales promoter Amy Wong found out her apartment at One City Tower would be under an Enhanced Movement Control Order (EMCO) beginning midnight.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
ARA takes prudent approach to investments during Covid-19AS dealmaking slows amid the economic uncertainty brought about by the novel coronavirus outbreak, ARA Asset Management, one of Asia's largest real estate fund managers, has put its investment activities on hold. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Premier League players union says wage cut would hurt health serviceThe players union representing Premier League footballers has questioned the league's call for a 30per cent player wage reduction amid the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »