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Hamish Rutherford: Air NZ is delaying their capital raise again

Author
Newstalk ZB,
Publish Date
Wed, 15 Dec 2021, 7:34pm
(Photo / NZ Herald)
(Photo / NZ Herald)

Hamish Rutherford: Air NZ is delaying their capital raise again

Author
Newstalk ZB,
Publish Date
Wed, 15 Dec 2021, 7:34pm

Air New Zealand has revised their Crown Law Agreement. 

They will receive an additional 5 million dollars from the government, bringing the total amount to 2 billion dollars.  

Wellington Business Editor, Hamish Rutherford, told Heather du Plessis-Allan it looks like they’re delaying their capital raise again.  

“They’re meant to be doing it at the start of next year, they have enough money to do it, get them through to the start of next year.” 

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