Mike Butler: Airport share offered to Mana Ahuriri

Questions raised by Mana Ahuriri’s bid to get their name included in that of the Hawke’s Bay Airport led to the revelation that the government had quietly offered that group a 50 percent shareholding of the airport.

Mana Ahuriri signed an agreement in principle on December 19, 2013, that includes financial redress of $19.5-million. The Hawke’s Bay Airport posted a net worth of $16.6-million and annual revenue of $4.01-million in its 2014 annual report. (1)