Norwegian Air seeks to reassure on cash amid winter slowdown

NORWEGIAN AIR says that it is in a strong financial position heading into the weak winter travel season, and issue for the discount airline with flights to and from Europe from T.F. Green Airport. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON
NORWEGIAN AIR says that it is in a strong financial position heading into the weak winter travel season, and issue for the discount airline with flights to and from Europe from T.F. Green Airport. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON
LONDON – Norwegian Air Shuttle ASA took pains to reassure investors about the solidity of its cash position and plans to sell aircraft and cut costs as disruptions in the debt-laden budget carrier’s long-haul flights add to difficulties during the traditionally slow winter season. “To meet the competitive environment in a period with seasonally lower…

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