financetom
Business
financetom
/
Business
/
New Zealand Prime Minister's plane breaks down on way to Japan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
New Zealand Prime Minister's plane breaks down on way to Japan
Jun 16, 2024 6:02 PM

WELLINGTON, June 17 (Reuters) - The New Zealand defence

force plane flying New Zealand's Prime Minister Christopher

Luxon to Japan broke down on Sunday, forcing the Prime Minister

to take a commercial flight, his office confirmed on Monday.

Luxon is spending four days in Japan, where he is expected

to meet with Japan's Prime Minister Fumio Kishida and spend time

promoting New Zealand business.

New Zealand media reported that the Boeing 757 broke

down during a refuelling stop in Papua New Guinea, leaving the

business delegation and journalists stranded in Port Moresby,

while Luxon flew commercial to Japan.

The New Zealand Defence Force's two 757s are more than 30

years old and their age has made them increasingly unreliable.

New Zealand Defence Minister Judith Collins told radio

station Newstalk ZB on Monday that the consistent flight issues

were "embarrassing" and that the ministry was looking at flying

Luxon and his delegation commercially from now on.

New Zealand's defence force is struggling with ageing

equipment and retaining sufficient personnel. The government has

said it would like to spend more on defence but is also trying

to reduce spending as the country faces economic headwinds.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update On Mullen Group; Adds National Bank Commentary On Tuck-in acquisition in LTL segment
Update On Mullen Group; Adds National Bank Commentary On Tuck-in acquisition in LTL segment
Dec 2, 2024
04:19 PM EST, 12/02/2024 (MT Newswires) -- (Adding National Bank commentary in fourth paragraph) Mullen Group ( MLLGF ) , trading just shy of 52 week highs said Monday it agreed to acquire Pacific Northwest Investments, including its subsidiary Pacific Northwest Moving, a less-than-truckload (LTL) carrier, for an undisclosed price. The trucking and logistics company said the acquisition, which closed...
Adtalem Global Education Insider Sold Shares Worth $361,550, According to a Recent SEC Filing
Adtalem Global Education Insider Sold Shares Worth $361,550, According to a Recent SEC Filing
Dec 2, 2024
04:19 PM EST, 12/02/2024 (MT Newswires) -- William W Burke, Director, on November 29, 2024, sold 4,000 shares in Adtalem Global Education ( ATGE ) for $361,550. Following the Form 4 filing with the SEC, Burke has control over a total of 11,659 shares of the company, with 11,659 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/730464/000112760224028291/xslF345X05/form4.xml ...
Paylocity Holding Insider Sold Shares Worth $2,150,794, According to a Recent SEC Filing
Paylocity Holding Insider Sold Shares Worth $2,150,794, According to a Recent SEC Filing
Dec 2, 2024
04:19 PM EST, 12/02/2024 (MT Newswires) -- Steven I Sarowitz, 10% Owner, Director, on November 27, 2024, sold 10,237 shares in Paylocity Holding ( PCTY ) for $2,150,794. Following the Form 4 filing with the SEC, Sarowitz has control over a total of 9,234,115 shares of the company, with 9,214,115 shares held directly and 20,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1591698/000159169824000401/xslF345X05/wk-form4_1733173879.xml...
Update: Stellantis' EV Subsidiary, Samsung SDI Battery Project Receives Tentative Approval for $7.54 Billion in Loan Funding
Update: Stellantis' EV Subsidiary, Samsung SDI Battery Project Receives Tentative Approval for $7.54 Billion in Loan Funding
Dec 2, 2024
04:23 PM EST, 12/02/2024 (MT Newswires) -- (Adds more detail, comment from Stellantis ( STLA ), StarPlus Energy and the US Department of Energy beginning in fourth paragraph.) Stellantis' ( STLA ) FCA US subsidiary and Samsung SDI, in a joint venture called StarPlus Energy, have received conditional approval for a $7.54 billion loan package through the US Department of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved