Norwegian Airlines is a company founded in 1993. The low-cost carrier has been struggling with major financial problems for some time. The previous year ended with a gigantic loss, but there are those who want to help them. 
Norwegian problems
Last year was not a good time for the carrier Norwegian. The year 2018 ended with a huge loss for them. Fortunately, they received as much as CZK 3 billion in aid and it is thanks to this money that their further functioning is possible.
Help from all sides
Norwegian airlines have to use all possible help and also look for various solutions to help them solve their financial problems. Currently, they collect money from investors by issuing shares. In total, CZK 3 billion has already been collected thanks to this move, but that is not all. The richest Norwegian in the world, John Fredriksen, also offered his invaluable help. As much as CZK 2,39 million of the 3 collected comes from three companies, Danske, DNB Markets and Sterna Finance. The latter is currently being managed by John Fredriksen.
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John Fredriksen's participation
Norwegian decided to collect money from investors by issuing shares. John Fredriksen, however, guaranteed that if it turned out that the carrier would not be able to sell a sufficient number of shares then the consortium consisting of the above-mentioned companies will buy them out in full. The involvement of such a respectable man who is an incredibly good entrepreneur in helping the airlines is very well received by other investors. It certainly adds a lot of value to the Norwegian carrier.
Expensive investments pulled them down
The main reasons why the Norwegian carrier is currently struggling with very large debts and Bad decisions have an increasingly worse reputation on the market regarding expensive investments. What were they about? Primarily long-distance and intercontinental flights. It is because of such steps that Norwegian lost as much as CZK 2018 billion in 3,8 alone. Their shares on the stock exchange also plummeted. The current price of one share is CZK 118, where six months ago it could be bought for over CZK 300.
