Norwegian Air suffers body blow as govt rules out more support ...Qatar

* Norwegian Air contending with nearly $8 bln of debt * Has said it could run out of cash early next year * Transport and industry ministries hold morning news conference The Norwegian government will not provide additional financial support for pandemic-hit Norwegian Air the Industry Ministry and the Ministry of Transportation said on Monday, leaving the cash-strapped carrier in a precarious situation. Norwegian Air, which has been hit hard by the coronavirus crisis and grounded most of its fleet, said in August it would run out of cash in the first quarter of 2021 unless it could secure fresh funds and has held talks with the government in the hope of winning support. A pioneer

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Norwegian Air suffers body blow as govt rules out more support ...Qatar

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