Listed Companies

Are we there yet? Air NZ capital review continues

Paul McBeth
Thu, 25 Feb 2021

Are we there yet? Air NZ capital review continues
The national carrier is travelling through turbulent times.
Paul McBeth
Thu, 25 Feb 2021
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...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE
QuiznessDesk, Tuesday, July 05, 2022
The Quizmaster | Tue, 05 Jul 2022

Don't forget to give our daily quiz a go. Good luck

Law & Regulation
Juice magnate Lepionka sues lawyers for 'negligent' advice
Greg Hurrell | Tue, 05 Jul 2022

Businessman Stefan Lepionka's negligence case against Gibson Sheat will be split in two, with the law firm's countersuit to be heard first, the high court has ruled.

George Kerr's Pyne Gould receivership continues
Victoria Young | Tue, 05 Jul 2022

Court action continues in the UK, while receivers have already clawed back $8m for the BNZ by selling South Island land.

How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges