Receivers Appointed For New Zealand Carrier Airwork

Parcelair aircraft being towed

Airwork and New Zealand logistics company Freightways, each through a subsidiary, are 50-50 partners in Parcelair, a cargo airline based in Palmerston North, New Zealand. 

Credit: Airwork
New Zealand cargo operator Airwork has entered receivership, although efforts to find a new buyer are continuing. Representatives of financial advisory firm Calibre Partners were appointed as receivers to Airwork Holdings Ltd. and its New Zealand entities, referred to as the Airwork Group. This...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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