Jetmakers to lose orders in Norwegian restructuring, says report

Planemakers Airbus and Boeing are bracing for hefty jet order cancellations from troubled Norwegian Air amid restructuring proceedings, industry sources said.
 

Norwegian last year won protection from bankruptcy in both Norway and Ireland, where most of its assets are registered, and is aiming to emerge with fewer aircraft and less debt.
 

The Irish High Court this week is hearing arguments concerning the repudiation of some of Norwegian's liabilities including aircraft leases.
 

"There is a hearing ongoing and we can't comment until that is over," a Norwegian spokesman said.
 

Airbus declined to comment. Boeing was not immediately available for comment.
 

Norwegian