Regional airlines are waiting with bated breath - as the Government dishes out the first loan to support at-risk routes

Golden Bay Air will receive about 1.1-million dollars from the 30-million-dollar package.

Fund administrator, Kanoa, says it's working to fully allocate funds quickly - processing loan applications from other airlines.

NZ Airports Association CEO Billie Moore says it'll be tough for those watching money going out - without their name yet on the list.

She says they acknowledge the step taken - but want the rest of the process to run as quickly as possible.