Air New Zealand may be planning to buy a 15 per cent stake in Virgin Blue, according to a report by Fairfax. Citing unnamed sources at the airline, a report carried in The Age claimed that Air NZ could buy the cornerstone stake in Virgin Blue as part of plans for the two carriers to
Auckland International Airport Limited (AIAL) has announced that it has bought a cornerstone stake in the smaller Queenstown Airport. AIAL has acquired a 24.99 per cent stake in Queenstown Airport for a total consideration of NZ$27.7m (A$22.4m). It also has an option to raise its stake to between 30 and 35 per cent up to
The organisers of the Wings over Wairarapa airshow in New Zealand have announced that it will take place again over the weekend of January 29-31 2011 at Hood Aerodrome in Masterton, near Wellington. “Wings Over Wairarapa 2011 will really see this event come of age. Now in its 12th year we are expecting over 50,000
Auckland Airport has recorded a major boost in domestic passenger traffic during May as international traffic saw only a small increase. The airport recorded a 7.1 per cent growth in domestic passengers, despite a one per cent decrease in domestic aircraft movements. International traffic managed growth of 1.3 per cent as major growth in arrivals
Air New Zealand has released its May operational statistics, showing that the carrier experienced a 3.9 per cent increase in passengers for the month, although yields were lower than the same time last year. The increase in passengers came from increases on domestic and long haul services to North America and the UK, which increased
CTC Aviation Group and Nelson Marlborough Institute of Technology have signed an agreement which will see the two New Zealand based companies train pilots from Japan’s JF Oberlin University. The agreement will see 17 pilots trained each year at CTC’s crew training centre in Hamilton from September this year, with 30 pilots to be trained