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Full impact of Covid hits Air New Zealand - Airline Ratings

Air New Zealand has reported a statutory loss before taxation of NZ$376 million (US$254m) which includes a NZ$9 million loss from other significant items (aircraft impairment and foreign exchange losses on uncovered debt) for the six-month period ended December 31, 2021. The airline said that the result reflects the substantial impact the Covid-19 pandemic continues […] ....

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Govt support for Air NZ balloons to $2 billion

Taxpayers are providing Air New Zealand $500 million of additional liquidity to better position the airline during the period leading to its recapitalisati ....

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