Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Bail Out Of Air New Zealand  
User currently offlineBonanza From , joined Dec 1969, posts, RR:
Posted (12 years 6 months 3 weeks 1 day 20 hours ago) and read 1288 times:

Yesterday Air New Zealand announced there rescue package for the airline. The New Zealand government will pump in nearly 900 million (New Zealand currency) about 360 million American into the airline. The airline will cut some flights but that is unknown at this stage. It is said that nearly 10% of employees will lose there jobs. What does this mean for the New Zealand travelling public? It is good news alround for the country that relies heavily on it's tourism market. The government will take a 83% share in the company.

Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Anyone Have Experience Of Air New Zealand LHR-LAX? posted Sun Aug 28 2005 23:04:46 by Virgin744
First Photo Of Air New Zealand A320 posted Thu Sep 11 2003 12:34:15 by StarFlyer
Cheek Of Air New Zealand posted Mon May 7 2001 22:29:09 by Go air canada
Origin Accuses Air New Zealand Of Price Gouging posted Fri Jun 16 2006 09:08:13 by NoelG
Why Did Air New Zealand Retire All Of Its B 742s? posted Tue Apr 16 2002 10:22:29 by United Airline
Location Of Ex-TEAL/Air New Zealand Aircraft? posted Sun Jul 1 2001 07:59:29 by VirginFlyer
Air New Zealand Buys 100% Of Ansett Holdings posted Fri Feb 18 2000 09:50:02 by Airline2000
Air New Zealand Switch Terminals At SFO? posted Sat Nov 11 2006 16:00:55 by SFOFlyer
Air New Zealand's New Livery? posted Wed Aug 9 2006 07:08:59 by 767ER
Ex-Air New Zealand 747-219s Sold posted Wed Jul 26 2006 03:49:57 by Clippern7471sp