Taranaki acreage offered for exploration

Taranaki acreage offered for exploration

The government is inviting oil and gas firms to apply for exploration permits in Taranaki.The 2019 block offer will be the second since the government banned the granting of new offshore exploration acreage in 2018. In April, Todd Energy was the sole firm granted a permit in the...

Staff reporters 27 Jul 2020
Wellington Airport eyes $100m bond offer
News in Brief

Wellington Airport eyes $100m bond offer

Wellington International Airport is considering a six-year fixed rate bond offer of up to $75 million, with the ability to accept $25 million in oversubscriptions.The airport operator has appointed ANZ Bank New Zealand as the arranger and Forsyth Barr as joint lead manager to coo...

Staff reporters 27 Jul 2020
Air NZ ramps domestic schedule on strong demand
News in Brief

Air NZ ramps domestic schedule on strong demand

Air New Zealand has ramped up its domestic schedule for August to 70 percent of pre-covid 19 levels. The airline had planned to operate at about 55 percent of its usual capacity during August.However, it has been “pleasantly surprised with demand for domestic travel,” said Air NZ...

Staff reporters 24 Jul 2020
Jarden appoints Aussie advisory chair
News in Brief

Jarden appoints Aussie advisory chair

Jarden has hired professional director Trevor Gerber (pictured) to chair an advisory board supporting the firm's foray across the Tasman.Group chairman Bill Trotter said Jarden is establishing an advisory board to help build “the leading investment bank across Australasia.”Ge...

Staff reporters 23 Jul 2020