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

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

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:

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