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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...
NORWEGIAN AIR recently announced that it is closing its pilot and cabin-crew base at T.F. Green Airport as part of broader, worldwide cost-cutting measures. / BLOOMBERG NEWS FILE PHOTO/SIMON DAWSON

Opinion: Winter is coming for Norwegian Air Shuttle

NEW YORK - Winter is a tough time for any airline as customers opt for a book and a comfortable couch, instead of a holiday...

British Airways owner makes audacious run at Norway crown jewel

NEW YORK - It’s a long shot, the advisers cautioned. But IAG boss Willie Walsh relishes a tough assignment. And so the acquisitive Irishman took an...

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