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New Zealander government sells 20% of its flagship carrier

Auckland, New Zealand - A 240-million-Euro operation

The New Zealand government sold a 20% stake it owned in Air New Zealand, raising an overall amount of $NZ365 million (240 million Euros or 324 million dollars). The sale is part of a wide programme of dismissal of state-owned assets, such as stakes in Meridian Energy and Mighty River Power, which has so far ensured revenues of more than 2.4 billion Euros to Auckland's government, which will however...

AVIONEWS - World Aeronautical Press Agency - 1156578

AVIONEWS - World Aeronautical Press Agency
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