Irish court grants Norwegian Air creditor protection

  • 12/7/2020
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DUBLIN, Dec 7 (Reuters) - Ireland’s High Court on Monday granted creditor protection to Norwegian Air’s Irish subsidiaries, allowing the Oslo-based airline more time to restructure its massive debt. Norwegian last month asked the court to begin a so-called examinership legal process as the carrier seeks to stave off collapse amid the coronavirus pandemic. (Reporting by Conor Humphries; Editing by Jan Harvey)

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