Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Wake-up call for Govt over Air NZ

Bill English National Finance Spokesperson

18 September 2001

Wake-up call for Govt over Air NZ

"The Government needs to wake up to the fact that it has days, not weeks, to decide on a course of action over the Air New Zealand crisis," National's Finance spokesman Bill English said today.

"Air New Zealand is in a desperate state, but instead of offering immediate help the Government is dithering on about a 'six week due diligence process'," Mr English said.

"That is paralysis by analysis, and will be greatly detrimental to the prospects of our national carrier."

"Air New Zealand has been rushed into A&E haemorrhaging money, and Dr Cullen is prescribing an appointment with a consultant in six week's time. If the airline dies in the interim then it will be as a direct result of Dr Cullen's commercial malpractice.

"The situation with Air New Zealand is clearly deteriorating by the day, meaning the due diligence process could well be meaningless by the time it is completed. It looks like they're about to repeat the mistake they made in the past three months. While they were busy dotting the Is and crossing the Ts Air New Zealand's status got worse and worse.

"The Government should immediately lift the cap on overseas investment, as every sensible commentator thought they should in the first place. Air New Zealand urgently needs to be stabilised, and its situation will only get worse the longer Dr Cullen spends dithering over his calculator.

"The essential problem is that the Government is more concerned over political face-saving and blaming Air New Zealand than it is over protecting an airline which is vital to New Zealand's people, businesses and industries such as tourism.

"Providing leadership on this issue would take courage and leadership which Dr Cullen and his colleagues don't have. The cost of their inept approach could be enormous on our business sector and to our country," Mr English said.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

22/2: Earthquake Memorial Service In Christchurch

"The theme of this year's service, 'Keeping their dreams alive" helps us look back at all that we've lost with a sense of hope and aspiration for the future,'' says the Mayor.

"It also helps us to recall all those who came to our rescue and those who offered support at our time of need and what that meant to us."

During the civic memorial service, the names of the 185 people who lost their lives in the earthquake will be read out in the order they appear on the Memorial Wall. More>>

 

Percieved Transparency: New Zealand #1 Least Corrupt Public Sector In The World

New Zealand's public sector is ranked the least corrupt in the world, according to Transparency International's 2017 Corruption Perceptions Index (CPI) released globally today. More>>

ALSO:

CPTPP Deal: Text And National Interest Analysis Released

“New Zealand has been working hard to see the text made public as quickly as possible,” Mr Parker says... An analysis suggests it could be worth up to $4 billion a year to the New Zealand economy once fully implemented. More>>

ALSO:

Reviews: Three-Year Work Programme For Education

The work programme includes the NCEA review, a review of Tomorrow’s Schools, developing a future-focused Education Workforce Strategy, a continuous focus on raising achievement for Māori and Pasifika learners, an action plan for learning support, an early learning strategic plan, a comprehensive review of school property. More>>

ALSO:

Kauri Protection: Waitākere Forest Closure Proposed

At the 20 February meeting of the Environment and Community Committee, the council proposed to close the forested areas of the Waitākere Ranges Regional Park, with some exceptions, by 1 May 2018. More>>

ALSO:

Accommodation Allowance: PM, Deputy Were Paid While In Official Residences

Department of Internal Affairs officials advised the Prime Minister and Deputy Prime Minister late yesterday of the administrative error which has seen them receive Wellington accommodation payments since they moved into official residences. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages