Sweden turns down Norwegian Air's credit guarantee application

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXNPEG7H09Z_L.jpg

“The Debt Office’s assessment in regard to Norwegian is that as of 31 December 2019 there was a very high risk that Norwegian would not be able to fulfil its financial commitments and that the company was not deemed capable then of managing further indebtedness,” it said in a statement.