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Global Trade Alert

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New Zealand: The government bails out Air New Zealand

Description

On 20 March 2020, the New Zealand government agreed to extend a 24-month loan facility of up to NZ$900 million (USD 550 million) for Air New Zealand within the framework of a debt funding agreement. T...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Mar 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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