Norwegian’s cry for help

Seconds after we sent our news update today, Norwegian sent what amounts to a cry for help for government assistance. Although the airline welcomed the decision of the Norwegian government to remove aviation taxes in the country, Norwegian has called for further “powerful and extraordinary measures from the government in order to strengthen the company’s liquidity in a critical phase”. Norwegian CEO Jacob Schram essentially pleaded for more help: “We welcome the fact that the government has decided to remove aviation taxes in Norway, but sadly, this is not enough as we’re in a very demanding situation at the moment.