March 20, 2020 / 12:28 AM / 9 days ago

BRIEF-Air New Zealand CEO Says NZ$900 Million Government Loan Puts Airline In Good Position Over 'Next Several Months'

March 20 (Reuters) - Air New Zealand Ltd:

* AIR NEW ZEALAND CEO SAYS NZ$900 MILLION GOVERNMENT LOAN PUTS AIRLINE IN GOOD POSITION OVER ‘NEXT SEVERAL MONTHS’

* AIR NEW ZEALAND CEO SAYS DOES NOT EXPECT TO DRAW ON GOVERNMENT LOAN IN NEAR TERM

* AIR NEW ZEALAND CEO SAYS UP TO 30% OF WORKFORCE WILL NOT BE NEEDED

* AIR NEW ZEALAND SAYS FOR NOW WILL CONTINUE TO FLY TO US, SINGAPORE, HONG KONG, AUSTRALIA; MAY CHANGE BASED ON LOAD FACTORS Further company coverage: (Reporting by Jamie Freed)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below