Thu, 26-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Norwegian Air to Lay off About 4700 Pilots Crew

    Eunniah
    By Eunniah Mbabazi
    - April 21, 2020
    - April 21, 2020
    AviationGlobal News
    Norwegian Air to Lay off About 4700 Pilots Crew

    Norwegian Air has announced plans to lay off 4,700 pilots and crew members as it grapples with the negative impacts of COVID-19 that has seen all its international flights suspended.

    The company has also declared its Swedish and Danish subsidiaries bankrupt.

    The impact the Coronavirus has had on the airline industry is unprecedented. We have done everything we can to avoid making this last-resort decision, including asking for access to government support in both Sweden and Denmark.

    Norwegian Air CEO, Jacob Schram

    The layoffs will not affect about 700 pilots and 1,300 cabin crew based in Norway, France, and Italy. This is because, in Norway, the government pays for all salary-related costs throughout the duration of the furlough period, a providence that is unavailable in Sweden and Denmark.

    In Africa, South Africa’s national airline, South African Airways (SAA) has announced plans to fire all its staff with effect from 30th April 2020.

    Norwegian Air is a Norwegian low-cost airline and Norway’s largest airline. It is the third largest low-cost carrier in Europe behind EasyJet and Ryanair, and the ninth-largest low-cost airline in the world.

    See Also:

    SAA on Brink of Collapse as it Plans to Fire All Staff

    Ethiopian Airlines Loses $550 Million to COVID-19

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa