Norwegian Air secures first cash infusion from state rescue package

OSLO (Reuters) - Norwegian Air has secured an initial cash infusion of 300 million Norwegian crowns (22.86 million pounds) from a government rescue package for the airline industry, the budget carrier said on Tuesday.Norway said on March 19 that Norwegian Air could obtain credit guarantees worth up to 3 billion crowns to help it weather the coronavirus crisis subject to a series of conditions.Norwegian, which has grounded most of its aircraft and temporarily laid off 90% of staff, amounting to..