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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154.9 EUR | -2.27% | -3.20% | 134B | ||
1,366 PTS | +0.56% | +1.78% | - | ||