ZB

Finance Minister confident people will see Air NZ as a good investment

Author
Newstalk ZB,
Publish Date
Thu, 31 Mar 2022, 7:56am
Grant Robertson. (Photo / NZ Herald)
Grant Robertson. (Photo / NZ Herald)

Finance Minister confident people will see Air NZ as a good investment

Author
Newstalk ZB,
Publish Date
Thu, 31 Mar 2022, 7:56am

The Government says it won't be left carrying the can when it comes to Air New Zealand. 

Our national airline is doing a capital raise of $2.2 billion. 

It's asking existing shareholders to buy $1.2 billion worth of extra shares, including the Government, which has a majority stake. 

Finance Minister, Grant Robertson, told Mike Hosking he's confident people will see Air New Zealand as a good investment. 

He says it's an airline with a good track record, which has the Government as a stable majority shareholder. 

Robertson says we're also about to see tourists return to the country, which is a huge opportunity for Air New Zealand. 

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