Norwegian Air says Boeing not engaging with Irish restructuring process
Tweet
Share
E-mail
FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo
DUBLIN (Reuters) - Boeing is not engaging with Norwegian Air's restructuring proceedings in Ireland and Norway, a lawyer representing Norwegian said on Wednesday.
Boeing "to date hasn't engaged in the [Irish] examinership process, or the Norwegian reconstruction... it is not anticipated that Boeing will engage in either," Brian Kennedy told Ireland's High Court.
Norwegian was given protection from bankruptcy in both Norway and Ireland, where most of its assets are registered, late last year and is aiming to emerge from the process with fewer aircraft and less debt.
(Reporting by Conor Humphries; Editing by Jan Harvey)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Pentagon to proceed with controversial testosterone testing after pause
- Japan's core inflation holds near BOJ's target
- Starbucks settles Florida lawsuit claiming diversity policies were illegal
Create E-mail Alert Related Categories
ReutersRelated Entities
BankruptcySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
