Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Air New Zealand To File Alliance Application

Air New Zealand To File Alliance Application December 9

Statement made by Ralph Norris, Managing Director, Air New Zealand Limited

Air New Zealand will file its Applications for authorisation of the Qantas alliance with regulatory authorities on Monday, December 9, 2002.

Accompanying the Application will be an economic analysis in a report which forecasts the Alliance between the two airlines will generate economic benefits for New Zealand of around $1 billion over five years.

This will include 200 additional highly skilled Air New Zealand jobs, 50,000 more tourists a year, enhanced air freight services and the more effective promotion of New Zealand overseas.

The Application will be lodged with the New Zealand Commerce Commission and the Australian Competition and Consumer Commission.

Air New Zealand will release the Application and report after its formal filing has been received by the regulators.

The report has been prepared by the Australian based Network Economics Consultation Group, which has undertaken many substantial economic advisory projects in New Zealand in recent years.

The financial integrity of the data underlying the report has been audited by PricewaterhouseCoopers and the economic outcomes peer reviewed by other international economists.

Air New Zealand believes the economic analysis will answer many of the business and economic issues being raised in association with the proposed alliance.

© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news