, Columnist
Norwegian Air Hopes You Won’t Pay by Credit Card
Dealing with card processors has made life difficult for the company, which remains in a tight spot.
If you really love Norwegian Air Shuttle, maybe you should use a debit card for your next ticket purchase.
Photographer: Simon Dawson/Bloomberg
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For air passengers, the nice thing about booking a ticket with your credit card is knowing you can probably get your money back if the carrier goes bust before you travel.
For cash-strapped airlines, the arrangement has a downside. If card providers are worried about a particular carrier’s finances, they can withhold more money on ticket sales from the company, potentially making its liquidity problem worse.