aviation
Air NZ starts drawing down on $900 million Crown loan; Plans to complete capital raise by June
25th Sep 20, 4:00pm
23
Air NZ starts drawing down on $900 million Crown loan; Plans to complete capital raise by June
Our national airline is not giving any specific financial guidance for the year ahead but says each of the scenarios it is currently modelling suggests it will make another loss in 2021
27th Aug 20, 9:01am
26
Our national airline is not giving any specific financial guidance for the year ahead but says each of the scenarios it is currently modelling suggests it will make another loss in 2021
The country's largest airport is taking a gloomier view than international observers of how long it will take global travel to recover from the Covid-19 pandemic
20th Aug 20, 9:58am
8
The country's largest airport is taking a gloomier view than international observers of how long it will take global travel to recover from the Covid-19 pandemic
Air NZ expects to draw on the $900m Crown loan in 'due course' and is 'actively' looking at a range of long-term funding options
23rd Jul 20, 1:09pm
35
Air NZ expects to draw on the $900m Crown loan in 'due course' and is 'actively' looking at a range of long-term funding options
Government looks to limit the flow of passengers back into the country as quarantine facilities fill up
7th Jul 20, 8:40am
56
Government looks to limit the flow of passengers back into the country as quarantine facilities fill up
The country's largest airport says it will be making a further unspecified number of redundancies, while announcing estimated abnormal losses of potentially in excess of $225 million
1st Jul 20, 10:47am
22
The country's largest airport says it will be making a further unspecified number of redundancies, while announcing estimated abnormal losses of potentially in excess of $225 million
As the country hurtles into a deep recession, sharemarket listed companies are doing a good job of giving themselves a cash cushion - with around $2.75 bln raised from investors since the start of the Covid crisis
20th Jun 20, 9:31am
55
As the country hurtles into a deep recession, sharemarket listed companies are doing a good job of giving themselves a cash cushion - with around $2.75 bln raised from investors since the start of the Covid crisis
Our national airline has issued a forecast of earnings for the year to June 2020, in which it expects an 'underlying' loss of $120 mln and other 'significant item' losses of more than half a billion dollars
18th Jun 20, 9:43am
25
Our national airline has issued a forecast of earnings for the year to June 2020, in which it expects an 'underlying' loss of $120 mln and other 'significant item' losses of more than half a billion dollars
Gareth Vaughan on Michael Cullen's key moment in our history, how Asia's densest slum chased the virus, Hertz the pandemic zombie, airport ghost towns & could the US be headed for civil war?
18th Jun 20, 9:18am
63
Gareth Vaughan on Michael Cullen's key moment in our history, how Asia's densest slum chased the virus, Hertz the pandemic zombie, airport ghost towns & could the US be headed for civil war?
Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash
11th Jun 20, 11:06am
5
Our national airline hasn't denied informed media speculation that it may soon tap shareholders for more cash
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
26th May 20, 10:17am
6
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Country's largest airport says it is moving swiftly to respond to 'abrupt changes' in the market and has obtained covenant waivers from its bankers till the end of 2021
6th Apr 20, 9:22am
12
Country's largest airport says it is moving swiftly to respond to 'abrupt changes' in the market and has obtained covenant waivers from its bankers till the end of 2021
The country's largest airport has suspended plans for a second runway, a domestic Jet Hub, a multi-storey carpark, and construction of the 146-room Mercure Hotel near the airport shopping centre
26th Mar 20, 10:43am
6
The country's largest airport has suspended plans for a second runway, a domestic Jet Hub, a multi-storey carpark, and construction of the 146-room Mercure Hotel near the airport shopping centre
Air freight operators can apply for grants to ensure critical imports and exports keep flowing. They must provide details of the prices they will charge for carrying freight
24th Mar 20, 1:43pm
5
Air freight operators can apply for grants to ensure critical imports and exports keep flowing. They must provide details of the prices they will charge for carrying freight
Taxpayers to support Air NZ through $900 million debt arrangement; Deal enables Crown to convert debt to equity
20th Mar 20, 9:19am
77
Taxpayers to support Air NZ through $900 million debt arrangement; Deal enables Crown to convert debt to equity
Government temporarily waives passenger-based fees for airlines for six months, puts fee increases on hold for 12 months
19th Mar 20, 11:41am
7
Government temporarily waives passenger-based fees for airlines for six months, puts fee increases on hold for 12 months
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
16th Mar 20, 10:31am
11
Our national airline is cutting long haul international services by 85% and domestic services by 30% in reaction to the Government's travel restrictions
Air New Zealand slashes profit forecast for the financial year to June; services to Seoul suspended till June; total flight capacity to Asia cut by 17% through to June
24th Feb 20, 10:10am
44
Air New Zealand slashes profit forecast for the financial year to June; services to Seoul suspended till June; total flight capacity to Asia cut by 17% through to June
Jetstar announces plans to end regional flights at the end of November before Air New Zealand steps up with an offer of cheap flights
25th Sep 19, 1:13pm
27
Jetstar announces plans to end regional flights at the end of November before Air New Zealand steps up with an offer of cheap flights
New fuel storage facilities near Auckland Airport and legislation allowing the Government to step-in if required recommended in report on 2017 rupture of Marsden Point to Auckland fuel pipeline
17th Sep 19, 6:24am
27
New fuel storage facilities near Auckland Airport and legislation allowing the Government to step-in if required recommended in report on 2017 rupture of Marsden Point to Auckland fuel pipeline
Ardern says Chinese authorities preventing an Air NZ plane from landing is a 'straight forward' issue for Air NZ that shouldn't be confused with NZ's relationship with China
11th Feb 19, 5:51pm
13
Ardern says Chinese authorities preventing an Air NZ plane from landing is a 'straight forward' issue for Air NZ that shouldn't be confused with NZ's relationship with China
Peter Dunne says nobody wants to see a return to the once-common pattern of industrial disputes
13th Dec 18, 9:46am
24
Peter Dunne says nobody wants to see a return to the once-common pattern of industrial disputes
Two of New Zealand’s highest-flying companies are again clashing, with Air NZ asking the Government to further regulate Auckland Airport
5th Jul 18, 12:54pm
24
Two of New Zealand’s highest-flying companies are again clashing, with Air NZ asking the Government to further regulate Auckland Airport
The New Zealand Initiative's Oliver Hartwich on liberalism in the trenches, elusive grains of sand, Islamic fashion, an apparently unfunny German, the decline of the white working class American man and more
28th Apr 17, 10:02am
17
The New Zealand Initiative's Oliver Hartwich on liberalism in the trenches, elusive grains of sand, Islamic fashion, an apparently unfunny German, the decline of the white working class American man and more
Bernard Hickey argues Infratil and the Wellington Council should take the risk of investing NZ$300 mln to extend the Wellington Airport, not the region's ratepayers and the nation's taxpayers in general
29th Nov 15, 5:02am
43
Bernard Hickey argues Infratil and the Wellington Council should take the risk of investing NZ$300 mln to extend the Wellington Airport, not the region's ratepayers and the nation's taxpayers in general