The New Zealand government injected NZ$885 million ($372 million) into ailing Air New Zealand (ANZ) in a two-phase loan
The New Zealand government injected NZ$885 million ($372 million) into ailing Air New Zealand (ANZ) in a two-phase loan. The action effectively returns the now privatized carrier, brought down by its disastrous investment in Ansett Australia, back to government control. The loan includes NZ$150...
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