Boeing 737 crisis imperils Norwegian’s cut-price U.S. routes

THE 737 GROUNDING is costing Norwegian as much as $1.8 million a day, according to Ole Martin Westgaard at Oslo-based DNB bank. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON
THE 737 GROUNDING is costing Norwegian as much as $1.8 million a day, according to Ole Martin Westgaard at Oslo-based DNB bank. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON
NEW YORK - Norwegian Air Shuttle ASA’s reliance on the fuel-saving Boeing Co. 737 Max to underpin its ultra low-cost trans-Atlantic strategy has exposed the loss-making carrier as the most vulnerable in Europe to the worldwide grounding of the plane. Norwegian was among the earliest adopters of the new narrow-body, using its extra range to…

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