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Mikael Holter

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NORWEGIAN AIR Shuttle is raising $353 million in a rights issue underwritten by investors including shipping magnate John Fredriksen. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON

Norwegian Air gets lifeline with backing of Norway’s richest man

NEW YORK - Norwegian Air Shuttle ASA gained the backing of Norway’s richest man, providing some stability to the struggling discount carrier as it searches...
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