Norwegian issues report outlining consequences of bankruptcy

30 March, 2020

Norwegian issued (27-Mar-2020) a report produced by Menon Economics, stating the greatest socio economic issues if Norwegian were to file for bankruptcy are an increased level of unemployment in Norway and negative competitive effects in an already concentrated aviation market. The report noted Norwegian's main competitor on major domestic routes is SAS, and if Norwegian were to file bankruptcy, there would be a monopoly situation in the short term. [more - original PR - Norwegian]