Originally Posted by
ozbiggles
Well allow me to retort
Air NZ are owned 52% by the government plus 900million Which odds on will become equity plus whatever else they need and will get in the near future....Are you really suggesting they are not effectively owned by the government now? Maybe we compromise on majority share holder plus some?
The $900M is a loan made available IF required. The company, very much to it's credit, has not yet drawn on it.
However it is election year here and already NZ First are murmuring about re-nationalising Air NZ.