What will Air NZ do with its extra cash?
Analysts weigh in on the likelihood of a full exit from Virgin.
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Hawke’s Bay
The proceeds from Air New Zealand’s [NZX: AIR] possible sale of its Virgin Australia stake would probably go towards a buyback of its own shares, an analyst predicts.
Air NZ announced yesterday it had hired First NZ Capital and Credit Suisse to advise on what to do with its 25.9% stake in Virgin,
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Calida Smylie
Thu, 31 Mar 2016
Thu, 31 Mar 2016
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What will Air NZ do with its extra cash?
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