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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.