New Zealand Government reaffirms plans to participate in Air New Zealand equity capital raise

    New Zealand‘s Government reaffirmed (11-Feb-2021) plans to participate in Air New Zealand‘s equity capital raise in order to maintain a majority shareholding in the carrier. As previously reported by CAPA, Air New Zealand started to draw down on a NZD900 million (USD596.4 million) stand-by loan offered by government. CEO Greg Foran stated the carrier hopes to be in a position to have a new capital structure before Jun-2021. [more – original PR]

    We use cookies and other web technologies to collect anonymous data about the usage of this website so that we can better serve your needs. If you'd like more information on this data please see our Privacy Settings. By clicking "I Agree" below, you are agreeing to allow us to collect additional usage data.