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Norwegian draws kæmpeaftale on purchases back

the Airline Norwegian cancels the agreement with aircraft manufacturer Boeing for the purchase of 97 aircraft and heralds at the same time, that you will take legal steps to get already paid the money back.

It informs the Norwegian in the stock exchange announcement.

There are five Boeing 787 Dreamliner aircraft and 92 Boeing 737 Max aircraft.

To the Norwegian erhvervsmedie E24 says Geir Karlsen, cfo of the Norwegian, that it was now awaiting a reply from Boeing.

- We have not yet made any agreement with Boeing. We have a continued desire to reach an agreement, but it is not happening, it becomes, as we have communicated in the day, he says to E24.

the Message comes, because the Norwegian is extremely hard hit financially by the coronakrisen.

Since the outbreak of the coronavirus began to spread to Europe in march, plummeted to the Norwegian carrier Norwegians ridership by 40 percent - and it has pulled the whole of the company's financial statements for the first quarter down.

Over the three months lost Norwegian 2,24 billion Danish crowns before tax.

the Number of passengers in the first quarter it stood at just over five million, while in the same quarter the year before lay on the 8,12 million. Thus lost the company more than every third passenger.

the Company has been in danger of closing altogether, but has started with a comprehensive rescue plan.

the Company has, among other things, overall been approved for the state loan guarantees for about three billion Norwegian kroner. With lånegarantierne can Norwegian borrow money from the banks, while the Norwegian state guarantees for the loan.

the Equity has been strengthened by selling new shares.

There are companies that have had money for the good of Norwegian, agreed to convert the debt to shares.

at The same time, Norwegians ownership structure has been significantly changed.

From the shareholders previously owned all the shares in the Norwegian, the owner shareholders now only about five percent.

the Rest is owned by the bondholders and leasing companies, which are companies that have had money for the good of Norwegian.

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