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Crown Confirms Participation In Air New Zealand Equity Raise

Direct News Source
The Crown has today confirmed in a letter to Air New Zealand Chairman Dame Therese Walsh that subject to Cabinet being satisfied with the terms of Air New Zealand’s proposed equity capital raise to be completed by 30 June 2021, it would participate in that equity capital raise in order to maintain a majority shareholding in Air New Zealand.
In the letter, Deputy Prime Minister and Minister of Finance Grant Robertson recognised the importance of a strong domestic air travel network for economic and social development purposes and the key role of Air New Zealand in supporting our international tourism and export industries. The minister also highlighted Air New Zealand’s commitment to environmental sustainability, and the airline’s role as a good employer. ....

New Zealand , New Zealanders , Dame Therese , Air New Zealand , Deputy Prime Minister , Finance Grant Robertson , புதியது ஜீலாந்து , டேம் தெரேஸ் , அேக புதியது ஜீலாந்து , துணை ப்ரைம் அமைச்சர் , நிதி மானியம் ராபர்ட்சன் ,

Air NZ chiefs quizzed about Saudi Arabian military links at select committee

Air New Zealand's head honchos were grilled by MPs after revelations the national airline has been working with the Saudi Arabian military. ....

Saudi Arabia , New Zealand , Saudi Arabian , Dan Cook , Dame Therese , Chris Luxon , Mark Mitchell , Golriz Ghahraman , Greg Foran , Dame Therese Walsh , Air New Zealand , Royal Saudi Navy , Royal Saudi , சவுதி அரேபியா , புதியது ஜீலாந்து , சவுதி அரேபியன் , டான் சமைக்கவும் , டேம் தெரேஸ் , குறி மிட்செல் , கிரெக் ஃபோரன் , டேம் தெரேஸ் வால்ஷ் , அேக புதியது ஜீலாந்து , அரச சவுதி கடற்படை , அரச சவுதி ,

Pressure on Air NZ to name all its military contracts

Pressure on Air NZ to name all its military contracts
Newsroom
11/02/2021
© Provided by Newsroom
Air New Zealand bosses have apologised in the wake of revelations engineers have been doing work for the Saudi Arabian military. But a bigger problem for the chief executive is his brain fade as to which other military the airline is working for.
“If he knows the number then he probably knows the names.’’
Deputy Prime Minister and Finance Minister Grant Robertson summed up perfectly the glaring hole in Air New Zealand chief executive Greg Foran’s explainer to MPs and the media at Parliament on Thursday. ....

Saudi Arabia , United States , New Zealand , Saudi Arabian , New Zealanders , Robert Gaylor , Dame Therese , Greg Foran , Grant Robertson , Dame Therese Walsh , Saudi Navy , Air New Zealand , National Mp Christopher Luxon , Parliament On , Foreign Affairs , Royal Saudi Navy , Prime Minister , Finance Minister Grant Robertson , Gas Turbines , Royal Saudi , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , சவுதி அரேபியன் , ராபர்ட் காயிலோர் , டேம் தெரேஸ் ,

Air New Zealand apologises to MPs over Royal Saudi Navy contract

Another day, another apology from Air New Zealand over the Royal Saudi Navy contract.
Air New Zealand chief executive Greg Foran speaking to MPs at a parliamentary committee today.
Photo: RNZ / Samuel Rillstone
The national carrier s admitted its gas turbines unit had been working on engines for the Saudi Navy, which has been blocking food and medicine getting into Yemen - in the throes of a humanitarian crisis.
Air New Zealand has terminated the contract and is sending back an engine module it was still working on.
Chief executive Greg Foran and board chair Dame Therese Walsh fronted to a parliamentary committee today, telling MPs the company had fallen short . ....

Saudi Arabia , United States , New Zealand , Saudi Arabian , New Zealanders , Golriz Gharaman , Dame Therese , Greg Foran , Dame Therese Walsh , Saudi Navy , Parliament Foreign Affairs Committee , Air New Zealand , Saudi Arabian Navy , Royal Saudi Navy , Air New , Foreign Affairs Committee , Radio New Zealand , Public Radio , Current Affairs , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , சவுதி அரேபியன் , டேம் தெரேஸ் , கிரெக் ஃபோரன் , டேம் தெரேஸ் வால்ஷ் ,

New Zealand to support Air NZ in capital raise

Airline Ratings
by
Photo: Steve Creedy.
The New Zealand government has confirmed that it will participate in the airline’s capital raise to support it through the COVID-19 pandemic.
In a letter to Air New Zealand Chairman Dame Therese Walsh, the Crown said that subject to Cabinet being satisfied with the terms of Air New Zealand’s proposed equity capital raise to be completed by 30 June 2021, it would participate in that equity capital raise in order to maintain a majority shareholding in Air New Zealand.
In the letter, Deputy Prime Minister and Minister of Finance Grant Robertson recognized the importance of a strong domestic air travel network for economic and social development purposes and the key role of Air New Zealand in supporting our international tourism and export industries. ....

New Zealand , New Zealanders , Zealand Dame Therese , Geoffrey Thomas , Steve Creedy , Dame Therese Walsh , Air New Zealand , World Airline Of The Year , Airline Of The Year , Air New , Deputy Prime Minister , Finance Grant Robertson , Air Transport World , Dame Therese , Editor In Chief Geoffrey Thomas , புதியது ஜீலாந்து , ஜீலாந்து டேம் தெரேஸ் , ஜெஃப்ரி தாமஸ் , டேம் தெரேஸ் வால்ஷ் , அேக புதியது ஜீலாந்து , உலகம் வானெறி ஆஃப் தி ஆண்டு , வானெறி ஆஃப் தி ஆண்டு , அேக புதியது , துணை ப்ரைம் அமைச்சர் , நிதி மானியம் ராபர்ட்சன் , அேக போக்குவரத்து உலகம் ,