Category: NZ News

Airlines

Sir Richard Branson says that Virgin Blue could stop flying across the Tasman unless it gets permission for its proposed alliance with Air New Zealand to proceed. Branson told Radio National’s Sunday Profile program that the airline was currently losing money on its services to New Zealand, and that by working together with Air New

Airlines

The Australian Competition and Consumer Commission (ACCC) has issued a draft determination which would block Virgin Blue’s proposed alliance with Air New Zealand on trans-Tasman services. “The ACCC believes that Virgin Blue is a significant competitor to Air New Zealand and there are a number of trans-Tasman routes where the alliance raises competition concerns,” ACCC

Defence

The New Zealand government has come to an agreement with prime contractor L-3 Comm Spar and subcontractor Safe Air to complete the RNZAF’s C-130 upgrade program. The work comprises the replacement of the aircraft’s centre wing sections and a comprehensive avionics and self defence system upgrade. Work on the upgrade of the five aircraft had

Airlines

Air New Zealand has announced a major increase of capacity on its regional routes, with more than 9500 seats to be added to the network from February 2011. The changes will see an increase in frequencies on the Wellington-Invercargill route doubling to twice daily during weekdays. Flights between Tauranga and Christchurch will increase to 11

Airlines

Air New Zealand has recorded a six per cent fall in normalised earnings, although the airline says that it remained one of the world’s best performing airlines during a challenging year. For the financial year ending June 31, the airline recorded normalised earnings of NZ$137m (A$108.6m), compared to NZ$145m (A$114.9m) the year prior, while net

Airlines

Air New Zealand has been named as a plaintiff in a court case which aims to block Auckland International Airport Limited’s (AIAL) plan to buy a key shareholding in Queenstown Airport and form an alliance between the two airports. In separate court cases, Air New Zealand and the Queenstown Community Strategic Assets Group (SAG) Trustee

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