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Norwegian Air subsidiary files Chapter 7 bankruptcy, lays off South Florida workers
Category: Airline / Travel
The U.S. affiliate of a large international airline filed for Chapter 7 bankruptcy Feb. 12.
Fort Lauderdale-based Norwegian Air Resources US Inc. filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of Florida, according to court filings. The filing is part of a larger reorganization strategy from parent company Norwegian Air Shuttle, an international airline that connected Fort Lauderdale-Hollywood International Airport to international destinations including Amsterdam; Madrid; Oslo, Norway; Stockholm; Barcelona, Spain; and Paris.
International travel, especially to Europe, has been close to nonexistent because of the Covid-19 pandemic. Many countries have placed regulations on travel to and from the U.S.
Source: Bizjournals