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“Unprecedented Situation” - Norwegian Air Suspends 4,000 Flights, Cuts Half Its Employees

Courtesy of ZeroHedge View original post here.

As a result of the US restrictions on travel to most of Europe, Norwegian Air slashed 4,000 flights and will lay off at least half of its employees, according to a company press release.

Norwegian decided to ground 40% of its long-haul fleet and cancel up to 25% of its short-haul flights until the end of May.

Jacob Schram, CEO of Norwegian, said: “This is an unprecedented situation and our main priority continues to be the care and safety of our customers and colleagues.”

“The new restrictions imposed further pressure on an already difficult situation. We urge international governments to act now to ensure that the aviation industry can protect jobs and continue to be a vital part of the global economic recovery,” Schram said. 

Travel restrictions and crashing demand across the world have resulted in more than 200,000 flights canceled.

Airports are empty across the world… 





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