ZCZC
BCN-8
HEALTH-VIRUS-NORWAY
URGENT
Norwegian Air cuts 4,700 staff in subsidiary bankruptcy
OSLO, April 20, 2020 (BSS/AFP) – Norwegian Air said Monday four of
its subsidiaries in Sweden and Denmark had filed for bankruptcy,
affecting some 4,700 pilots and crew, as a result of the economic
impact of the new coronavirus.
“It is heartbreaking that our Swedish and Danish pilot and cabin
crew subsidiaries now are forced to file for bankruptcy, and I’m truly
sorry for the consequences this will have for our colleagues,” Jacob
Schram, chief executive of Norwegian Air, said in a statement.
BSS/AFP/MRU/1750hrs