Mar 19, 2020 SOURCE: AFP
Virus-hit Air New Zealand offered US$515 mn bailout
The government in Wellington on Friday announced an NZ$900 million (US$515 million) loan deal with Air New Zealand to help the flag carrier survive the coronavirus crisis.
"Without this intervention, New Zealand was at risk of not having a national airline," Finance Minister Grant Robertson said.
Air New Zealand shares, which...
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