March 25, 2020 / 7:06 PM / 10 days ago

Norwegian Air asks creditors to forego payments for 3 months

OSLO, March 25 (Reuters) - Norwegian Air on Wednesday asked all its creditors to forego payments of interest and installments until June 30, the crisis-hit budget carrier said in a statement.

The Norwegian government last week presented a rescue package for the company, but set a range of conditions, including that creditors would not be paid while financial guarantees are in place. (Reporting by Terje Solsvik, editing by Gwladys Fouche)

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