20 Mar 2020

Covid-19: Air NZ could need billions for bail out - Commentator

From Morning Report, 7:50 am on 20 March 2020

An aviation commentator says Air New Zealand will need a bail out to the tune of around up to $3 billion.

The airline has slashed capacity on its long haul network, suspended flights and raised the need to reduce costs due to the collapse of global travel in the coronavirus pandemic.

Air New Zealand announced earlier this week they would be getting rid nearly 4000 staff to cope.

Irene King is an aviation commentator.