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Auckland Airport may require balance sheet support in the second half of 2018-2022 period
By Rebecca Howard Aug. 1 (BusinessDesk) - Auckland International Airport said it may need balance sheet support toward the end of the 2018-2022 period as it implements a massive $1.9 billion infrastructure investment programme that includes a new runway by 2028. "Although w...
Flight Centre to buy two New Zealand travel firms expanding local footprint
By Paul McBeth Aug. 1 (BusinessDesk) - ASX-listed Flight Centre Travel Group will buy two local travel firms for an undisclosed sum, expanding its footprint in New Zealand and making it one of the country's biggest travel management groups. The Brisbane-based company yeste...
Airwork refinances, expands bank debt facility
By Jonathan Underhill Aug. 1 (BusinessDesk) - Airwork Holdings, the aircraft services business that's 75 percent-owned by China's Zhejiang Rifa Holding Group, has refinanced and increased its bank debt facility. The new syndicated debt facility of US$195 million replaces th...
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