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15 Feb 2026 8:16
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      Home > News > Business

    A multi-million dollar loan to help keep Hawke's Bay Airport afloat

    A multi-million dollar loan to help keep Hawke's Bay Airport afloat


    The airport needs up to 9 million dollars - as it faces reduced passengers and revenue because of the Covid-19 pandemic.

    The Crown will now lend it up to 4.5 million dollars - on commercial terms, with councils dishing out the rest.

    Finance Minister Grant Robertson says the cash will protect about 200 jobs - and ensure the terminal redevelopment can be completed.

    The Crown has a 50 percent shareholding in Hawke's Bay Airport Limited.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     14 Feb: OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders
     14 Feb: An economist says new tourism and migration figures show the economy is starting to hum
     14 Feb: Rotorua's getting another chance to showcase itself this weekend
     13 Feb: No changes to the Golden Visa scheme's capital rules - as the Minister says it's had a roaring start
     13 Feb: Last year reached a record migration low
     13 Feb: Hamilton City Council's putting 1.7-million dollars into future zoo expansion
     13 Feb: A collective ambition to make Canterbury one of the best regions to grow business and a great life
     Top Stories

    RUGBY RUGBY
    The Blues are ruing the one that got away...with the Chiefs scoring three minutes from fulltime to win their Super Rugby contest 19-15 in Auckland More...

    BUSINESS BUSINESS
    OpenAI has deleted the word ‘safely’ from its mission – and its new structure is a test for whether AI serves society or shareholders More...


     Today's News

    		 International:
    Palestinians say Israel's new plans for the West Bank kill statehood hopes 8:07

     Rugby:
    The Blues are ruing the one that got away...with the Chiefs scoring three minutes from fulltime to win their Super Rugby contest 19-15 in Auckland 8:07

     International:
    What we know (and don't) about One Nation's rapid rise in the polls 7:57

     Motoring:
    No joy for the Kiwi drivers in the second race of the Jeddah E-Prix double header 7:57

     Entertainment:
    Chris Hemsworth had to "bribe" his daughter with a motorbike to appear in Avengers: Doomsday 7:51

     Health & Safety:
    New efforts to accommodate those recovering from spinal injuries 7:47

     Rugby:
    Ireland has beaten Italy 20-13 in their Six Nations rugby clash in Dublin 7:37

     Environment:
    The weather's intensifying over eastern parts of the North Island - with a potentially hazardous deluge on the cards 7:27

     Entertainment:
    Gwyneth Paltrow underwent a treatment to filter toxins from her blood after battling "chronic fatigue" and "brain fog" 7:21

     Law and Order:
    French SailGP skipper Quentin Delapierre is grateful the frightening high speed collision with New Zealand wasn't much worse 7:17

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