Airbus and Boeing set to lose orders

Norwegian has 88 A320neo-family narrow-body jets on order from Airbus, according to the manufacturer.

AIRCRAFT manufacturers 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.