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Reuters

Norwegian Air orders 50 Boeing MAX aircraft, resolving dispute

OSLO (Reuters) -Norwegian Air has agreed to buy 50 Boeing 737 MAX 8 aircraft and secured options for a further 30 of the planes at an undisclosed price, ending a contract dispute between the two firms, the budget carrier said on Monday. The deal is a boost for Boeing, anchoring long-standing customer Norwegian to the U.S. plane maker after the Oslo-based airline earlier this year said it would consider switching to rival Airbus. For Norwegian the deal marks a return to aircraft ownership after it was forced to resort to leasing deals during bankruptcy proceedings that rescued the company last year.

Countryside shares jump after bidder discloses it’s made two approaches

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