On Wednesday, the carrier said it aimed to raise up to 6 billion crowns ($711 million) in fresh capital before emerging from bankruptcy protection next month, more than the 4.5 billion originally planned.
Following are key dates in the company's 28-year history.
April 12: Wins approval from creditors in Norway and an Oslo court for its planned debt restructuring.
March 26: Ireland's High Court approves restructuring scheme.
March 18: Shareholders vote in favour of restructuring plan.
Jan. 21: Norway backs Norwegian Air's survival plan.
Jan. 14: Announces end of transatlantic flights, 2,000 job losses. Seeks government help.
2020
Dec. 17: Shareholders endorse financial rescue plan.
Dec. 8: Oslo court grants additional creditor protection.
Dec. 7: Ireland's High Court grants creditor protection to the airline's Irish subsidiaries.
Dec. 3: Proposes converting debt to equity, offloading planes and selling new shares.
Nov. 10: Says cash crisis could force it to halt operations early in 2021.
Nov. 9: Norwegian government says it will not provide additional financial support.
Aug. 28: Reports first-half losses of $610 million and says it needs to secure funding to see it through the pandemic. nL8N2FU0S0]
May 18: Completes cut-price share sale and wins bondholders' backing for a refinancing.
March 24: Receives government cash injection of 300 million crowns.
March 16: Cancels 85% of flights and temporarily lays off 7,300 employees as the pandemic hits.
2019
Nov. 20: Appoints industry outsider Jacob Schram as CEO.
Nov. 5: Raises 2.5 billion crowns with its third share sale in two years and a bond issue.
July 11: Co-founder Bjoern Kjos steps down as CEO.
Jan. 24: British Airways owner IAG says it will sell its stake in the company, after trying to take it over.
2015
Oct. 22: Orders 19 Boeing 787-9 Dreamliners, more than quadrupling its long-haul fleet.
2013
May 30: Norwegian's first intercontinental flight departs from Oslo to New York.
2012
Jan. 25: Orders 122 planes from Boeing, 100 of which are 737 MAX 8 jets. Enters an agreement with Airbus about buying 100 A320neo jets. In total, the planes are worth 127 billion crowns.
2007
April 24: Buys FlyNordic from Finnair, becoming the biggest low-cost airline in Scandinavia.
2003
Dec. 18: Shares are listed on Oslo Stock Exchange.
2002
Sept. 1: Rebrands as Norwegian and starts flying Boeing 737-300 planes.
1993
Jan. 22: Norwegian Air Shuttle (NAS) is founded and takes over regional airline services on Norway's West Coast, operating flights in cooperation with Norwegian airline Braathens. NAS initially operates a fleet of three leased Fokker 50.
(Reporting by Tommy Lund, Paulina Cwikowska, Milla Nissi, Aleksandra Jasiurska and Gwladys Fouche; Editing by David Goodman, Keith Weir, Mark Potter, Kirsten Donovan)