Posts Tagged ‘aviation news’

Air New Zealand and Virgin Australia Airlines announce plans for new-look joint trans-Tasman network

Comments Off | 05-18-2011

Air New Zealand Ltd and Virgin Australia Airlines Tuesday announced plans for their new-look joint trans-Tasman network, a key part of their new alliance.
The alliance will connect Air New Zealand’s domestic network of 26 ports to Virgin Australia’s domestic network of 31 domestic ports, offering the largest ever Australasian route network for trans-Tasman travelers.
The new [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Canadian Helicopters Group’s subsidiary to acquire assets of New Zealand’s Helicopters Ltd

Comments Off | 04-13-2011

Canadian Helicopters Group Inc has acquired assets of Helicopters (N.Z.) Limited, including the shares of Helicopters (Australia) Pty Ltd and other active subsidiary companies, as well as the assets of Helicopter Nominees Limited (collectively called HNZ). The acquisition was undertaken through the Canadian group’s subsidiary, Canadian Helicopters Limited (CHL).
Canadian Helicopters Group is the largest helicopter [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Air New Zealand picks up sizeable stake in Virgin Blue

Comments Off | 01-22-2011

Air New Zealand has notified the Australian Stock Exchange and New Zealand Stock Exchange that it has become a substantial shareholder in Virgin Blue, as part of a planned acquisition of a shareholding between 10% and 14.99%, announced the firm Friday.
Air New Zealand shares fell after the company made the A$145 million investment in a [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Australian Competition and Consumer Commission approves alliance between Virgin Blue and Air New Zealand

Comments Off | 12-17-2010

The Australian Competition and Consumer Commission has issued a determination granting conditional authorization for three years for an alliance between Virgin Blue and Air New Zealand in relation to their flights between Australia and New Zealand (the Alliance).
Under the Alliance, the airlines would take a coordinated approach to a range of issues including pricing, revenue [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Virgin Blue vows to fight for approval of its transtasman alliance with Air New Zealand

Comments Off | 10-15-2010

After their planned merger was turned down by Australian regulators, Australian airline firm, Virgin Blue has said that it will sustain its fight for the merger. Speaking over the failed merger plans, Virgin Blue chief executive, John Borghetti, said the firm will keep fighting for approval of its transtasman alliance with Air New Zealand regardless [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Virgin Blue vows to fight for approval of its transtasman alliance with Air New Zealand

Comments Off | 09-16-2010

After their planned merger was turned down by Australian regulators, Australian airline firm, Virgin Blue has said that it will sustain its fight for the merger. Speaking over the failed merger plans, Virgin Blue chief executive, John Borghetti, said the firm will keep fighting for approval of its transtasman alliance with Air New Zealand regardless [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Qantas owned carrier Jetstar to increase its New Zealand operations as Virgin Blue departs from the underperforming market

Comments Off | 08-17-2010

Qantas owned carrier, Jetstar, is keen on expanding its operations in New Zealand, at a time when Virgin Blue is pulling out of the New Zealand market. The move is aimed at enhancing its New Zealand operations that have been underperforming. The airline plans to add two extra A320 aircraft to its existing strong NZ [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More

Air New Zealand criticize Auckland International Airport’s 24.9% stake into Queenstown Airport

Comments Off | 07-27-2010

In a hard line rejoinder over Auckland International Airport’s buy-in to the Queenstown Airport, Air New Zealand launched harsh criticisms against the deal terming it “shoddy.” New Zealand’s national carrier decried the deal arguing that airlines should have been permitted to partake of the investment in the airport.
The national carrier further urged the New Zealand [...]

Tags: , , , , , , , , ,
Posted in Aviation New Zealand, Foreign Direct Investment/FDI New Zealand, General | Read More