Norwegian Budget Airline Unit Gets U.S. Permit

Norwegian Air Shuttle's UK subsidiary on Monday received a tentative U.S. foreign air carrier permit, prevailing against U.S. airlines who complained that the Scandinavian budget carrier would undercut them and hurt American businesses and jobs.

The U.S. Department of Transportation said it had reached its decision to tentatively grant flying rights to the subsidiary, Norwegian Air UK, after considering the opposition's primary arguments against the airline's Irish unit, Norwegian Air International (NAI).

Read more: http://www.cnbc.com/2017/07/17/norwegian-budget-airline-unit-gets-us-permit.html