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Old Apr 8, 2020 | 8:58 pm
  #35  
garykung
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Originally Posted by nzkarit
The Government explicitly keeps it AirNZ shareholding at arms length. To the point they will not nominate any directors. Though will vote for directors.

This loan agreement was again performed at arms length. And the conditions are public.
I am not saying that the NZ Government did not act without arms length.

However, as a regulatory body and majority owner of an airline, to say that the NZ Government is not aware of the situation is false (as it has been reported by Stuff at least 2 days ago). Furthermore, the NZ Government could have imposed any sort of emergency reliefs for impacted customers. But the NZ Government did not act. So if you tell me that what NZ has done is without the NZ Government's sanction is false.
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