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Norwegian Air secures first cash infusion from state rescue package

FILE PHOTO: A Norwegian Air plane refuels at Oslo Gardermoen airport
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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..
Date Published: Mar 24, 2020
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