Tag zealand

Airlines

Air New Zealand to raise 2.2 billion to bolster financial position

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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…

Richard Schuurman
March 30, 2022

Airlines

Air New Zealand prepares for capital raise in March

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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,…

Richard Schuurman
February 23, 2022