Aircraft lessors do not oppose Norwegian Air's request for creditor protection

Aircraft lessors do not oppose Norwegian Air's request for creditor protection
Representative image Image Credit: ANI
  • Country:
  • Ireland

Major aircraft lessors including Aercap and BOC Aviation, and Avolon on Monday told the Irish High Court that they do not oppose a petition for extended creditor protection by Norwegian Air and some of its subsidiaries.

Norwegian last month asked the court to begin a so-called examinership legal process as the carrier seeks to stave off collapse amid the coronavirus pandemic.

The lessors told a hearing on Monday that they were neutral on Norwegian's petition.

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