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2/26, 4:24 PM (Source: TeleTrader)
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Norwegian Air cancels order on 88 Airbus jets

Norwegian Air announced on Friday the company has canceled the last 88-jet order from Airbus, as the coronavirus pandemic continued to take a toll on the airline industry.

The Norwegian low-cost airline was already fined last year after terminating aircraft contracts with both Airbus and Boeing, when the company agreed to pay a $93.51 million impairment charge.

Breaking the News / ND