In a report on Friday, Norwegian Air (OTCMKTS: NWARF) revealed its loss to have widened to £460 million in the fiscal first half (H1). The airline said it now seeks to secure funding to cushion the economic blow from COVID-19. The new financing, it added, will support it for a minimum of 1.5 years. In related news, Virgin Atlantic Airways secured £1.2 billion from creditors earlier this week. At 11 pence a share, Norwegian is currently about 97% down year to date in the stock market. Investing online in the stock market is easier than you think. Here’s how you
Full ArticleNorwegian Air’s loss widens to £460 million in the fiscal first half
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