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Norwegian axes four subsidiaries 

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Apr 20, 2020 1 mins read
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Norwegian axes four subsidiaries 

Norwegian Air reported that four Swedish and Danish subsidiaries had filed for bankruptcy and said it had ended staffing contracts in Europe and the United States, putting some 4,700 jobs at risk. The airline is seeking to convert debt to equity, money from shareholders and Norwegian state guarantee...

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