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Norwegian Air CEO says Boeing deal to end all legal disputes between the firms

By:
Reuters
Published: May 30, 2022, 08:53 UTC

OSLO (Reuters) - Norwegian Air's planned purchase of 50 new Boeing MAX 8 aircraft includes provisions to end all legal disputes between the two companies, Norwegian's Chief Executive Geir Karlsen told Reuters on Monday.

Geir Karlsen is appointed as the new CEO of Norwegian Air

OSLO (Reuters) – Norwegian Air’s planned purchase of 50 new Boeing MAX 8 aircraft includes provisions to end all legal disputes between the two companies, Norwegian’s Chief Executive Geir Karlsen told Reuters on Monday.

The deal includes a compensation to Norwegian of around 2 billion Norwegian crowns ($212.2 million) as a settlement for previous disputes over MAX and Dreamliner deliveries and technical issues, he said.

($1 = 9.4243 Norwegian crowns)

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

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