Suffering from a EUR 2bn debt, Norwegian airline is trying to sell several Boeing 737s that are already operating, as well as 90 Airbus A320neos that are on order.
While the company is in debt, it is currently experiencing a strong growth in traffic, which explains why its fleet has now reached 150 aircraft, and is expected to reach 165 aircraft by the end of the year. In 2016, the company recorded $1.1bn revenue, but the rising price of oil weighted negatively on its operating expenses.