Are we there yet? Air NZ capital review continues

Are we there yet? Air NZ capital review continues
The national carrier is travelling through turbulent times.
Paul McBeth
Air New Zealand is still working its way through a new capital structure that will see the national carrier hit up investors for cash, but has shied away from drawing too heavily on its government lifeline.The airline reiterated plans for a fully underwritten equity raising before the end of June, and last week got a commitment from the government that it will back the deal, provided Cabinet agrees.Air NZ turned to the government for help when borders were closed last year, securing a $900 million loan at relatively high interest rates. The ter...

More Markets

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025