Norwegian Air

Norwegian Air Shuttle ASA (OTC: NWARF) is canceling orders of 97 Boeing Co (NYSE: BA) aircraft and filing a claim for compensation for the non-operational 737 MAX and 787 planes. What Happened Norwegian Air, a budget airline based in Oslo, Norway, canceled orders of 92 MAX aircraft, five 787...

As malls, restaurants and other beleaguered businesses hold out hope for economic revival, airlines continue to take a beating. Industry shares tumbled Monday after Warren Buffett said he sold his stakes in American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL), Southwest...