Air New Zealand Reopens Auckland Domestic Lounge | NZ Market Update

  • Jul 15, 2020 NZST
  • Team Kalkine

Air New Zealand has reopened its domestic lounge at Auckland Airport after its planned refurbishment was delayed by lockdown. The 375-seat lounge caters for 10 per cent more visitors than it used to and features a bigger bar and barista station with runway views, a “refreshed” café, and more showers. It is one of two Koru lounges at the airport. The domestic lounge, located past security, is for passengers flying on the main trunk routes, while the 265-seat regional lounge near the regional gates are for those flying on smaller turboprop aircraft.

Southland milk company Mataura Valley Milk will require additional funding to stay afloat, after reporting a net loss of $47 million in the financial year ending December 2019. The company, which earlier this year had been eyed up by a2 milk as a potential investment target, reported a projected funding deficit of $26 million by December 2020. Financial statements were filed with Companies Office on July 14. Mataura had been seeking strategic investors since 2019. It would continue to actively seek investors that could provide both equity – $100m to $150m – and supply agreements to buy nutritional volumes of milk powder from the company, which would underpin future profitability. The funds would be used to pay down debt.

An Auckland restaurant has been fined almost $100,000 for failing to pay his staff properly. The Employment Relations Authority ordered director Mr Wang to pay $33, 075 in addition to the $66,150 fine issued against Wang’s company, Sail City Venture Limited. Wang admitted to the breaches at his restaurant, Beijing Lu Bar, on Karangahape Rd after an investigation by the Labour Inspectorate. The inspectorate found that Wang failed to pay staff the minimum wage, complete holiday pay, and failed to keep complete records. The inspectorate identified 42 breaches over the course of four years, from when the restaurant opened in 2015 until it closed in early September last year.

#AirNewZealand #Auckland #NewZealand #Kalkine

 


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