{"id":384920,"date":"2020-11-19T10:26:20","date_gmt":"2020-11-19T04:56:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=384920"},"modified":"2020-11-19T10:26:20","modified_gmt":"2020-11-19T04:56:20","slug":"low-cost-norwegian-air-shuttle-files-for-bankruptcy-protection","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/low-cost-norwegian-air-shuttle-files-for-bankruptcy-protection\/","title":{"rendered":"Low-cost Norwegian Air Shuttle files for bankruptcy protection"},"content":{"rendered":"<p>Low-cost carrier Norwegian Air Shuttle filed for bankruptcy protection in Ireland on Wednesday for two of its main subsidiaries in a bid to shield itself from creditors long enough to find a solution for a financial restructuring.<\/p>\n<p>&#8220;Seeking protection to reorganise under Irish law is a decision that we have taken to secure the future of Norwegian,&#8221; the head of Europe&#8217;s third-biggest low-cost airline, Jacob Schram, said in a statement.<\/p>\n<p>&#8220;Our aim is to find solutions with our stakeholders that will allow us to emerge as a financially stronger and secure airline,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Low-cost carrier Norwegian Air Shuttle filed for bankruptcy protection in Ireland on Wednesday for two of its main subsidiaries in a bid to shield itself from creditors long enough to find a solution for a financial restructuring. &#8220;Seeking protection to reorganise under Irish law is a decision that we have taken to secure the future of Norwegian,&#8221; the head of Europe&#8217;s third-biggest low-cost airline, Jacob Schram, said in a statement. &#8220;Our aim is to find solutions with our stakeholders that will allow us to emerge as a financially stronger and secure airline,&#8221; he said.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-384920","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=384920"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/384920\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=384920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=384920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=384920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}