Travel Daily | Air NZ cancels government facility

IN SOME encouraging financial news for Air New Zealand, the Kiwi carrier has walked away from a NZ$400 million Crown Standby Facility set up two years ago (TD 31 Mar 2022), at the time considered a key lifeline to boost cash flow through the pandemic recovery period.

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 25 Mar 24
To see the full story, see the embedded issue below or CLICK HERE to download Travel Daily from 25 Mar 24