The previous shafting of suppliers and shareholders now means that it is not only a campaign to raise funds:
"The Perpetual Bonds are expected to commence trading on Oslo Børs on Monday 18 January 2021" at this time shares are still falling.
But also a hunt for companies willing to do work for them, 171M in unsecured debts already hanging in the wings plus 45 m to the Irish commissioners, the Examiner will have tough job doing a deal with these guys. In political circles terms like "working hard to find a solution" means stuffed for a solution, "working with creditors" means desperately trying to keep them off your back. Let's face it, all the good will has been evaporated. If NAS can get all the maintenance, catering etc carried out in Norway they may have a chance, however, given the history it's unlikely any suppliers will afford credit outside of Norway.
Effectively using the furlough scheme to fund the payroll was a smart move, as was the use of ERTE in Spain but now the light in the tunnel has been turned off there is a real human suffering element to this skulduggery, small suppliers, MROs, etc may collapse. The "support" form the Norwegian government, if any, is more likely to be concessions and incentives as they must be seen to be fair to all airlines. On the surface, 90% of the money came from outside Norway and yet 90% of the job losses are also outside Norway yet 90% of the "dividends" were paid to people inside Norway..