Air New Zealand would have to dip into the $900 million Government support loan earlier, if it offered cash refunds to all its customers. There's been some pretty great people who have left Air NZ because of the current circumstances." "Our cash flow would be reduced significantly," he said, if cash refunds were paid. Wallace said the exact amount of credits was "commercially sensitive", and he hoped customers understood the airline's decision not to offer cash refunds. In April 2019, Air NZ carried 1.4 million passengers.

Source: Stuff June 03, 2020 06:22 UTC