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Crown Confirms Participation In Air New Zealand Equity Raise

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The Crown has today confirmed in a letter to Air New Zealand Chairman Dame Therese Walsh that subject to Cabinet being satisfied with the terms of Air New Zealand's proposed equity capital raise to be completed by 30 June 2021, it would participate in that equity capital raise in order to maintain a majority shareholding in Air New Zealand.

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This press release was sourced from Air New Zealand on 11-Feb-2021.