Photo: RNZ / Patrice Allen
The government is moving to shore-up Air New Zealand with a loan of $900 million.
The airline will be able to call on the loan if its cash reserves fall below certain levels over the next two years.
The government will have the ability to turn the loan into shares in the airline.
The company is also cancelling an 11 cents a share worth 123 million dollars.
Kathryn speaks with aviation commentator Irene King.
