31 Mar 2020

Air NZ discussing wage subsidy options with Government

From Midday Report, 12:19 pm on 31 March 2020

Air New Zealand is discussing with the government its options regarding the employee wage subsidy, as the company looks to lay off at least a third of its staff.

The national carrier is expecting a drop in income of $5 billion dollars after cutting 95 percent of its flights, and will be a much smaller operation even when domestic and international travel resumes.

RNZ's Business Editor, Gyles Beckford, speaks with Māni Dunlop.