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Old 22nd Jan 2021, 07:21
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uncle-traveling-matt
 
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Norwegian financial media reporting this morning that Nordea bank and DNB bank willing to invest and become owners of Norwegian. DNB bank is Norway's largest financial services group with total combined assets of more than NOK 1.9 trillion and a market capitalisation NOK 164 billion as of 20 May 2016. More notably the largest owner of DNB is the Norwegian Ministry of Trade and Industry.
A real shame LH had to close down, but without government support, flawed RR engines, covid and a total let down from Boeing, it wasnt meant to be this time around.
The 70 aircraft in 2022 will hopefully be enough to fend of Ryanair from the Nordics.

Last edited by uncle-traveling-matt; 22nd Jan 2021 at 07:41.
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