20 Mar 2020

Covid-19: Air New Zealand saved by $900m govt loan

From Checkpoint, 5:13 pm on 20 March 2020

Taxpayers have flown to the rescue of Air New Zealand, with the Crown loaning our national airline $900 million to save it from almost certain collapse.

The Finance Minister Grant Robertson says the aviation sector is in turmoil across the world and the government has to be fluid and unprecedented in its response as the Covid-19 crisis worsens.