MAPM8.160 Strategic Financial Management

Task:Air New Zealand and the 800-day AmbitionAir New Zealand has recently released the company’s 800-day ambition to “Revive and Thrive” by August 2022 (See Market Announcements One and Two below). As a Senior Corporate Finance Analyst at Air New Zealand, Mr McDowell the CFO has asked you to prepare a report that analyses and evaluates the actions/policies Air New Zealand should take to preserve andenhance the corporation’s viability,solvency andshareholder value over the coming 800 days. Your report should specifically focus on the following areas: Dividend Policy, Capital Structure, Leverage and Working Capital Management. You are expected to support your analysis and recommendations by citing relevant academic literature, resources from Module 3 of your course and also use relevant examples based on an analysis of Air New Zealand’s financial statements, announcements and airline industry. A key resource for this assessment is the Air New Zealand Investors website at www.airnewzealand.co.nz/investor-centre. Additionally, your report is expected to have at least 10 academic citations in addition to citations from cases and news and online reports.Important Guidelines1.Carefully study the resources in EITOnline Module 3 relating to Working Capital Management, Dividend Policy and Capital Structure. 2.Your report must include the above specified sources and all other references must be academic references or primary sources (academic textbooks, online journal articles, factual news reports and company news reports)