Air New Zealand (NZ, Auckland International) has closed its first aircraft-backed revolving credit facility, a three-year USD400 million financing secured against a pool of mid-life aircraft. The transaction closed on May 19, 2026. The facility allows the airline to access funding using aircraft assets as collateral. BNP Paribas, Commonwealth Bank of Australia, MUFG Bank, and Westpac Banking acted as mandated lead arrangers and bookrunners. BNP Paribas served as debt coordinator, while MUFG Bank was appointed facility agent and security agent.