What did Freightways Group Limited announce?
Freightways Group Limited (NZX: FRW) filed “Update on Parcelair JV Partner” with NZX on 2 July 2025, as an operational update announcement.
From the announcement:“The receivers have announced an intention for Airwork to continue to trade as a going concern. Freightways will continue to closely monitor the situation with Airwork and, if necessary, has a contingency plan which can be implemented on short notice and with minimal operational impact.”
- Which company?
- Freightways Group Limited (NZX: FRW)
- When was it filed?
- 2 July 2025
- Where is the original?
- NZX announcement
Update on Parcelair JV Partner
Freightways Group Limited | Freightways House, 32 Botha Road, Penrose, Auckland, New Zealand | DX BOX CX10120, Auckland 1061, New Zealand | P (64) 09 571 9670
NZX | ASX ANNOUNCEMENT
2 July 2025
UPDATE ON PARCELAIR JV PARTNER
Freightways and Airwork Holdings Limited (Airwork), each through a subsidiary, are 50/50 joint venture partners in
Parcelair Limited (Parcelair), that provides services to the Freightways network.
Freightways is aware of the appointment of receivers to Airwork and certain Airwork subsidiaries. The receivers have
announced an intention for Airwork to continue to trade as a going concern. Freightways will continue to closely
monitor the situation with Airwork and, if necessary, has a contingency plan which can be implemented on short
notice and with minimal operational impact.
ENDS
For further information please contact:
Stephan Deschamps
Chief Financial Officer
Freightways Group Limited
Ph: +64 9 571 9670
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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