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The Crown to Participate in Air New Zealand Equity Raise

MIAMI – New Zealand’s Deputy Prime Minister and Minister of Finance, Grant Robertson confirmed the participation of the Crown (the State) in the equity capital increase sought by Air New Zealand (NZ).

The confirmation of said participation came through a letter addressed to Dame Therese Walsh, NZ Chairwoman. The State, or Crown, has a majority stake of 52% in the airline capital.

Air New Zealand ZK-OKH Boeing 777-219(ER). Photo: Misael Ocasio Hernandez/Airways

The Airline as a National Valuable Asset

To preserve the value that NZ represents, both economically and socially, the Crown is ready to participate on conditions that the read more ⇒

Source:: “Airways Magazine”

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