Government says “no” to Norwegian airline’s demand for extra billions of kroner
The Norwegian government plans to expand and strengthen support measures for the airlines.
“The state’s main consideration – an adequate aviation offer and healthy competition in aviation – will continue to be taken care of in the Norwegian aviation market,” Minister of Trade and Industry Iselin Nybø (V) said in a press release on Monday morning.
Both Norwegian and former Braathens SAFE director Erik G. Braathen have recently asked for support from the government – outside the ordinary schemes.
“Not justifiable”
Norwegian has asked the state for several billion kroner in support, while Braathen has asked for state support as part of the financing of a new Norwegian airline that he is working on.
“Norwegian has asked for billions in financial support, and the government has assessed that in this situation, it is not a justifiable use of funds.
“Actors in Norwegian aviation can draw on many of the other general schemes we have presented,” Nybø noted.
Norwegian will hold a press conference at 10:30 on Monday.
“This puts Norwegian in a challenging situation,” the company wrote in a stock exchange announcement.
Although the government rejected requests from Norwegian and Braathen, it plans to expand and strengthen the existing support schemes for aviation.
© NTB Scanpix / #Norway Today
