Ngāi Tahu Tourism, the business behind many of New Zealand’s top tourist attractions – including the Shotover Jet near Queenstown – has announced the loss of more than 300 jobs.

In a statement, the Christchurch-based business, which also operates Franz Josef Glacier Guides, Rotorua’s Agrodome and Rainbow Springs, and the Dark Sky Project in Tekapo, announced that it will close for the time being, due to the long recovery time predicted when things return to normal.

After a full consultation period, a final decision about the future of the business will be made next month.