News | Lower North Island
29 Mar 2024 18:47
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  •   Home > News > National > Lower North Island

    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.

    © 2024 Newstalk ZB, NZCity

     Other Lower North Island News
     28 Mar: A Palmerston North police chase that involved a man being fired at - and hit with a sponge round, has been found to be justified
     27 Mar: A Waitangi Tribunal report shows multiple Crown Treaty breaches - in denying Maori access to their land near Foxton
     27 Mar: Police have cordoned off a property in Hastings where a vehicle was found on fire last night
     26 Mar: Central Districts veteran batsman Greg Hay will retire at the conclusion of his side's Plunket Shield final round match against Otago at McLean Park in Napier
     24 Mar: A person has died following a quad bike crash, in Hastings yesterday
     24 Mar: Investigations are underway after a suspicious bush fire in Otaki last night, prompted a rescue
     24 Mar: Dozens of staff and residents at a dementia care unit in Levin were forced to evacuate overnight, after a fire broke out at the home
     Top Stories

    RUGBY RUGBY
    A coaching conundrum for Crusaders assistant James Marshall as they look to end their losing run in Super Rugby tonight against the Chiefs in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria More...



     Today's News

    Business:
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria 18:37

    Entertainment:
    Simon Cowell has adopted another puppy just months after he brought home a new German Shepherd called Pebbles 18:23

    Law and Order:
    A 30-year-old has been charged with murder after a body was found in a burnt-out car earlier this week 18:07

    Entertainment:
    Tracee Ellis Ross has paid a glowing birthday tribute to Diana Ross 17:53

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 17:37

    Cricket:
    Cricket's best female all-rounder has led England to a 4-1 T20 series win over New Zealand 17:27

    Entertainment:
    YouTube star Ninja has been diagnosed with cancer at the age of 32 17:23

    Rugby League:
    The South Sydney rugby league team is ready to lift itself off the canvas and floor the Canterbury Bulldogs in their Good Friday NRL contest 17:17

    Golf:
    Kiwi golfer Lydia Ko heads into the second round of the latest LPGA tournament in Arizona right on the cusp of the cut 17:07

    Rugby League:
    South Sydney rugby league coach Jason Demetriou has urged fans not to worry about his mental health 16:57


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