OSLO - Norwegian Air’s NORR.OL July passenger volume fell by 90.4% from a year earlier as most of its fleet remained grounded due to the coronavirus pandemic, it said on Thursday.
“Although customer demand has increased compared to the almost non-existent levels in April, May and June, the market situation remains challenging,” Norwegian said in a statement. The company, which revolutionised transatlantic travel by offering cheap fares, won backing in May from owners and creditors for a conversion of debt to equity and aims to rebuild operations, albeit on a smaller scale.
Flash430 Bullish!
Flash430
Who isn't?
PLANES SHIPS are c19 flu bugs
BACK TO C19CHINA FLU OUT BREAKS called TOURIST SELF BUGS
nationalize all airlines
well yea, travel shut down... still one of my fave lines
There goes our taxes ! The poor will get nothing now
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