Air NZ To Increase Stake In Maintenance Facility

Air New Zealand will increase its equity in the Christchurch Engine Center's (CEC) V2500 MRO facility from the current 10% to 49% in a deal worth US$7.8 million. CEC was established in April 2001 as a joint venture between Air NZ and Pratt & Whitney for maintenance, repair and overhaul services for...

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