AIZ 0.00% 48.0¢ air new zealand limited

AIZ 1H22 Results Recast & Analysis, page-3

  1. 2,825 Posts.
    lightbulb Created with Sketch. 429
    You are correct. Company is Air New Zealand.

    But this is incorrect "The company is a few breaths away from insolvency". They are currently technically insolvent. The only thing keeping them away from receivership is the NZ govt comiting future generations of kiwis to a cycle of tax based grant repayments. By October 2021 they had received over NZ$156,000,000 in wage subsidy payments.
 
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