Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Wings and Wheels over Waikato to refund tickets

Wings and Wheels over Waikato to refund ticket holders

In a settlement reached with the organisers of the postponed airshow, Wings and Wheels over Waikato, the Commerce Commission has secured refunds for those ticket-holders who were misled by the airshow's marketing and advertising.

This settlement follows a court order obtained by the Commission in March freezing the assets of Kenneth James Ross and three associated companies, Hawker Holding Limited, airshow.co.nz - Media Limited and airshow.co.nz Limited. Mr Ross is the promoter of the air and car show, Wings and Wheels over Waikato, which was to take place at Hamilton's international airport on 7-9 March 2008.

"The Commission took action to freeze the assets involved with the airshow, when the event did not go ahead, to ensure that the money paid by those who had been misled by the airshow's marketing and advertising would be protected," said Adrian Sparrow, the Commerce Commission's Director of Fair Trading.

To enable the refund process, an amount of approximately $511,000, identified as belonging to ticket holders, will be placed in a solicitor's trust account and distributed to ticket holders who claim a refund. The final details for the mechanism of refunding consumers are still being discussed, and ticketholders will be advised of the arrangements once agreement has been reached.

"The Commission anticipates that there is a shortfall of approximately $65,000 between the total amount paid by ticket holders and the remaining funds. These funds have been spent by the organisers and cannot be recovered. Even though there is a shortfall, the Commission anticipates that ticket holders will get most, if not all, of their money back. The Commission is pleased with the result it has been able to achieve for affected consumers," said Mr Sparrow.

Details for exhibitors' refunds are still being discussed with Mr Ross, and exhibitors will be advised once those details have been finalised. However the exhibitor's funds remain secured by the court's orders.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Back Again: Government Approves TPP11 Mandate

The Government has approved a negotiating mandate for Trans-Pacific Partnership 11 (TPP11), which will ensure New Zealand businesses remain competitive in overseas markets.

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

.

 
 

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

Susan Devoy: Call For Inquiry Into State Abuse Reaches UN

Race Relations Commissioner Dame Susan Devoy is in Geneva and has asked a United Nations committee to urge the New Zealand government to initiate an inquiry into the physical and sexual abuse of children and disabled people held in state institutions. More>>

ALSO:

(Not National): Cross-Party Agreement On Pike River Re-Entry

The commitment was signed this afternoon by the leaders of Labour, United Future, The Maori Party, and the Green Party and, together with the earlier commitment by New Zealand First, means that there is now a Parliamentary majority behind the families’ fight for truth and justice. More>>

ALSO:

Earlier:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election