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Air NZ begins tapping $900m govt loan

Airline confirms capital raise in the pipeline.

NBR staff
Fri, 25 Sep 2020

Air New Zealand has begun drawing on a $900 million government loan facility and says it expects to complete a capital raising by June next year.

The airline has been hammered by border closures and the lockdowns to control the Covid-19 pandemic, reporting a loss of $454 million for the year to

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NBR staff
Fri, 25 Sep 2020
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Air NZ begins tapping $900m govt loan
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