Air NZ capital raise ‘before end of March or shortly thereafter’
Airline expects full-year loss of more than $800m.
Will Mace
Thu, 24 Feb 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Air New Zealand still intends to launch an equity capital raise before the end of March “or shortly thereafter, subject to market conditions” despite its share price continuing to sit at roughly half its pre-pandemic level.
The raise is sorely needed to help the NZX and ASX-listed,
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Will Mace
Thu, 24 Feb 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
