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Virus-hit Air New Zealand offered NZ$900m bailout

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Air New Zealand has been offered a NZ$900 million (S$746.8 million) loan to help the flag carrier survive the coronavirus crisis, the government said on Friday.

[WELLINGTON] Air New Zealand has been offered a NZ$900 million (S$746.8 million) loan to help the flag carrier survive the coronavirus crisis, the government said on Friday.

"Without this intervention, New Zealand was at risk of not having a national airline," Finance Minister Grant...

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