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Norways government has signalled that it is prepared to offer financial support to budget carrier Norwegian, to assist with the restructuring airlines recovery, but has laid out a number of conditions.The government is stressing that it has no intention of becoming an owner of the carrier.Trade minister Iselin Nybo says the carriers latest restructuring plan appears more robust than a previous version, presented last year, which the government refused to support.Norwegians new business plan involves strong measures to deal with the companys debt, says Nybo, and the introduction of NKr4-5 billion $470-590 millio [url=https://www.stanleycup.cz]stanley termoska[/url] n in new capital. This is why were positive about contributing, she adds, indicating that the government is prepared to offer a hybrid loan.Source: NorwegianNorwegian will focus on European short-haul operations as part of its restructuringBut Nybo cautions that Norwegian is undergoing a demanding process and that, among the conditions, the airline will need to bring in long-term strategic investors to provide much of the new capital.Participation in a hybrid loan will b [url=https://www.stanley-cup.com.de]stanley cup becher[/url] e on market terms, and the company must secure approval for its restructuring effort. Any govern [url=https://www.stanley-quencher.co.uk]stanley quencher[/url] ment participation will also require parliamentary support. We believe a reconstructed Norwegian can be an important player in Norwegian aviation in the future, says transport minister Knut Arild Hareide.Norwegian says the contribution from the government significantly increases the airlines chance Qamh Juneyao sees 14% dip in first half profit
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