Rolls-Royce has cut its forecast for widebody engine flying hours in 2021 by 21% after the widespread tightening of international travel restrictions worldwide to curb the spread of new coronavirus variants.

Norway’s government will provide a hybrid loan to Norwegian Air Shuttle providing private investors also back the LCC’s restructuring.

Airports in England are set to receive financial support from the British government under a new scheme, the launch of which coincides with more stringent COVID-19 travel restrictions coming into force in the country.