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Air NZ announces big changes to its board msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
International flights dropped from Dunedin Airport 30 Apr, 2021 01:44 AM 3 minutes to read Dunedin to Brisbane is off the flight path when Virgin Australia returns to the New Zealand market later this year. Photo / Grant Bradley Dunedin to Brisbane is off the flight path when Virgin Australia returns to the New Zealand market later this year. Photo / Grant Bradley Otago Daily Times Dunedin to Brisbane is off the flight path when Virgin Australia returns to the New Zealand market later this year. Before Covid-19, Virgin Australia flew two to three direct weekly flights from Dunedin, which were stopped when the airline suspended all New Zealand services in March 2020. ....
Business Scoop » Air New Zealand Capital Raise Deferred scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
Friday, 9 April 2021, 9:02 am Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. We’ve seen some clearing of COVID-19 clouds recently, with the extension of the airfreight capacity scheme, the rollout of the vaccine and the opening of the trans-Tasman bubble on 19 April, says Air New Zealand Chairman Dame Therese Walsh. These developments are good news and fundamental to Air New Zealand’s return to success, but the storm hasn t cleared yet. We have suspended our cash burn guidance while we take ....
Govt extends loan to Air NZ by $600 million, lowers interest rate Newshub 2 days ago The Government has thrown more support behind Air New Zealand. A statement from Finance Minister Grant Robertson on Friday morning confirmed the Government is extending its loan facility agreement to the airline by $600 million, taking it to a maximum of $1.5 billion. The interest rate on the loan has also been lowered. Robertson said the amendment to the loan allows Air NZ to benefit from the increased activity as borders re-open and travel and trade movements increase. Earlier this week, it was announced a two-way quarantine-free Aotearoa-Australia travel bubble will open on April 19. ....