Govt goes to the regions to prop up airport, back business park

Mon, 13 Jul 2020

The government is providing a lifeline for Hawke’s Bay Airport and will inject additional funding to help establish a business park near Kaikohe. The government will loan Hawke’s Bay Airport $4.5 million on commercial terms, and the Napier city and Hastings district councils will provide a further $4.5 million to ensure the region’s air transport can survive through the covid-19 pandemic. The airport sought funding from its three shareholders to ensure it remained viable and to complete the redevelopment of its terminal. The government...

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