It is now no news that the airline Norwegian was under enormous financial pressure, and the company was therefore currently, in the middle of a reconstruction process. The reconstruction was brought before the Norwegian and Irish courts, and it is therefore in Norway and Ireland that the company’s future was decided. Norwegian avoided bankruptcy, but several passengers who had bought tickets from Norwegian have lost the the money they were entitled to due compensation because of the inconveniences they encountered with their Norwegian Air Shuttle flights.
Norwegian came out on the other side of the reconstruction, where they could write down 95% of the debt to their customers. Therefore, your receivable from Norwegian Air Shuttle will no longer have the same value as when you made your booking. This reconstruction was accepted on April 9, 2021. However, it is still possible to book a flight with Norwegian, and therefore of course you still have some rights for future reimbursement and compensation after this date. Therefore, if you have experienced a canceled or delayed flight after this date, avoid losing your flight money. Contact us at Danish Air Delay, and find out more about your rights.
Norwegian Airlines
Norwegian Air was formerly known with the name of Norway Airlines. It was located in Scandinavia. In European terms, it is among the largest airlines in terms of the lowest costs. A second major reason was passenger travel. Norwegian Air Shuttle was founded in 1993 by employees from Busy Bee who planned on acquiring services offered to the regional airline and currently employs over 5,500. Norway’s biggest base is located within Oslo Airport. Norwegian Air Shuttle has 4 subsidiary airlines that work under it offering scheduled flight services all around the world. These airlines are Norwegian Long Haul Airlines, Norwegian Air International, Norwegian Air UK and Norwegian Air Argentina.
What does the Norwegian 2021 reconstruction mean?
When an airline gets into financial trouble and there is a real chance that the company can go bankrupt, a reorganization process is initiated. A trustee is selected who will take the final conclusion to look after everyone’s interests. The purpose of this process is for the company to come up with a plan for how they can turn around their financial problems and become a healthy business again, thus avoiding bankruptcy. This is good for the many investors in the airline who are now not losing their investment.
If you have shares in Norwegian, then only time will tell whether the flight compensation will ever or flight be given to you due to a past flight delay or flight cancellation. Furthermore, the share is still low for Norwegian despite the new capital and the approval of this reconstruction. We will leave these estimates up to you as an interested party or analyst.
This reconstruction was the reason why Norwegian has not paid compensation or refunds for flight delay or flight cancellation to customers in the last many months. However, you are entitled to compensation for your delayed and canceled flights since April 9, 2021 as they have continued operations. This is due to EU Regulation 261/04, which dictates that all airlines must pay this compensation. If you have experienced a delayed or canceled flight, you can contact us via the button below.
What does this mean for your flight delay compensation and refund?
It was agreed that Norwegian will offer customers up to 5% of their legal receivables, either compensation or refund. However, it is not clear when or if customers will receive this money at this time. Once the airline has expressed an acceptance of your receivable, it often takes a long time for this payment to take place. Finally, however, at present this means that one can expect to receive a maximum of 5% of the amount that was originally entitled to.
After this reconstruction, you can again get compensation for your flight delays and cancellations. You can do this when you are delayed more than 3 hours and fly from or to from Europe. If you are flying from the USA or outside Europe, you must have flown with airlines that are European. This can e.g. be SAS, Norwegian or Ryanair. Norwegian has had many more airplanes in the air since the fall. New trips can be made to the USA, the EU and Asia.
What now? What does a Norwegian bankruptcy mean?
Norwegian Airlines’ reconstruction is now finally valid and all documentation has been sent from the relevant courts, which in this case are the Irish and Norwegian courts. Since the courts chose to accept this proposal, unfortunately, there is nothing else to do in relation to your claim that lies before 9 April 2021. After this acceptance, we unfortunately have no legal justification to go further. Therefore, we must look ahead and follow the operations, the share, the route plan and the figures that Norwegian will present in the future.
We prefer that you do not choose to accept that there is nothing to do, and therefore we would recommend that you check if you have used a travel company when you booked your trip. In some cases, Norwegian may have transferred the money to the travel company before they made their reconstruction. Thus, before sending a compensation or refund request about your Norwegian flight delay or flight cancellation it is important to determine the travel agency where you have booked your flight and send a request to them instead of Norwegian Air Shuttle.
You can read more about Norwegian’s situation and other news within aviation via our Blog (if the link does not work, then insert blog.danskrejsehjaelp.dk in your browser).
Do you need help with your Norwegian Air Shuttle flights?
At Danish Air Delay, we stay constantly updated on Norwegian’s situation, and are thus always informed about the latest developments in the process. If you have a Norwegian Air Shuttle case and feel you need help finding your head and tail in it all, then create the case with us and we will take in all the problems for you! It is currently a bet, not to do anything, and with us by your side, you can be expect your rights to be upheld. This way, you do not have to constantly keep yourself updated, and decide what you need to do to best receive your claim.
We have access to the latest updates in the aviation industry and we do not hold back with our information. At Danish Air Delay, we are experts in rights within aviation. You can therefore stay up-to-date on the latest news, and can therefore offer the latest information in the industry.
Contact Danish Air Delay
In addition to Norwegian cases, we also help with compensation and refunds that apply to all other airlines and travel for a flight delayed or cancelled. We have control over all conditions in the market, so you certainly will not miss out on money for your trip if it did not go according to plan and it made you lose your connecting flights. Our skilled employees have a background in the law of aviation and the editors of this blog are constantly following the latest developments. We therefore always know what happened last week and what the indications are for the next month. This is something we guarantee.
All you have to do is simply create a case on our website , or write / call us at:
help@air-delay.com / +45 6913 6906.
Furthermore, you can join the Facebook group Bad Experiences with Norwegian – Refund and Compensation where you can communicate with other people who have confronted similar problems as you and discuss further solutions, help each other.
We always offer a free analysis of your case, and through this analysis you will have a complete overview of how we can help you. This applies to all airlines, whether it is Norwegian, SAS, Ryanair or a whole fourth.
