The airline took an impairment charge of 4.8 billion crowns ($93.51 million) in the fourth quarter relating to the termination of aircraft purchase contracts with Airbus and Boeing.
($1 = 8.5554 Norwegian crowns)
(Reporting by Victoria Klesty)
OSLO (Reuters) - Norwegian Air has cancelled all the 88 narrow-body jets that remained on order from Airbus, a Norwegian Air spokesman said on Friday.
The airline took an impairment charge of 4.8 billion crowns ($93.51 million) in the fourth quarter relating to the termination of aircraft purchase contracts with Airbus and Boeing.
($1 = 8.5554 Norwegian crowns)
(Reporting by Victoria Klesty)
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156.7 EUR | +1.50% | -0.25% | 131B | ||
1,390 PTS | +1.37% | +1.62% | - | ||