After the fiscal year 2022 with “ongoing twists and turns”, Air New Zealand expects to produce “a significant improvement” of its financial performance in FY23. But this will depend in large part on the impact of jet fuel prices, the risk of a global...
Air New Zealand has disclosed details of its planned recapitalization, which should help it recover from the effects of the two-year Covid-crisis that hit the airline deeply. With the new NZ$2.2 billion package, Air New Zealand wants to repay an existing government...
Air New Zealand expects to launch an equity capital raise by the end of March or early April as part of its steps to recapitalize its balance sheet. The airline is suffering from the ongoing travel restrictions on its international network, which resulted in a $376...
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