High Court approves survival plan for Norwegian Air

The airline's Oslo-based parent company and several of its Irish registered subsidiaries had sought the protection of the Irish courts due to factors including the devastating impact the Covid-19 pandemic has had on the airline industry and international travel
Norwegian Air's Oslo-based parent company and several of its Irish registered subsidiaries had sought the protection of the Irish courts. File picture

Norwegian Air's Oslo-based parent company and several of its Irish registered subsidiaries had sought the protection of the Irish courts. File picture

The High Court has approved a survival plan for the troubled Norwegian Air airline and related companies.

In a written decision, Mr Justice Michael Quinn said he was satisfied to approve the scheme put together by the airline's examiner Mr Kieran Wallace of KPMG.

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