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19 Jan 2026 15:55
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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

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    Don't be surprised if the coaching nous of Scott Robertson is lured to the UK More...

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     Today's News

    		 Rugby:
    Don't be surprised if the coaching nous of Scott Robertson is lured to the UK 15:27

     Business:
    Drug researchers say the collapsing price of methamphetamine has concerning implications 15:07

     Law and Order:
    Police say the victim of a targeted shooting in South Auckland's Onehunga is critical but stable in hospital 14:57

     Tennis:
    Kiwi squash star Paul Coll has won his 30th title on the PSA Tour 14:27

     International:
    At least 21 dead after two high-speed trains derailed in Spain 14:17

     Business:
    Trump is threatening more tariffs over access to critical minerals – will NZ be targeted? 14:07

     Living & Travel:
    More details about the discovery of a tramper missing almost three weeks in Tasman bushland 13:27

     Politics:
    Corrections officials say a rise in alleged sexual assaults by prison officers could be down to reporting changes 13:07

     Law and Order:
    A 27-year-old man's been charged after an assault in Central Otago's Arrowtown last month 12:27

     Health & Safety:
    Biosecurity officials hunting Queensland fruit flies in Auckland - have found nothing after another weekend of precautions 11:57

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