Air NZ ......Administrator appointed!

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Fragrant Harbour A forum for the large number of pilots (expats and locals) based with the various airlines in Hong Kong. Air Traffic Controllers are also warmly welcomed into the forum.

Air NZ ......Administrator appointed!

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24th September 2001 | 05:40

#1 (permalink)

ess jay

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Joined: Apr 2001

Posts: 24

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Air NZ ......Administrator appointed!

Seems as of a few hours ago, the NZ Govt called in an administrator to sort out Air NZ's financial state so that Directors do not become liable from here on in. Trading suspended as shares fall to 17NZ Cents!!