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


Air NZ and Qantas: Commission holds conference

Air New Zealand and Qantas: Commission holds conference

The Commerce Commission will commence a six day conference next week on its draft determinations relating to the application by Air New Zealand Limited and Qantas Airways Limited for authorisation to enter into a strategic alliance and the application by Qantas Airways to subscribe for up to 22.5% of the voting equity in Air New Zealand.

The conference will be held from Monday 18 to Friday 22 August, and Monday 25 August, in the ground floor conference room of the NGC Building, 44-52 The Terrace, Wellington.

In April, the Commission released its draft determinations that on the basis of the information available, it would be likely to decline applications by both airlines for authorisation under the Commerce Act. The Commission considered that an alliance between Air New Zealand and Qantas Airways Limited would not result in a net public benefit to New Zealanders.

Interested parties were asked to make submissions and cross-submissions on the draft determination. The conference is a process where parties can present their submissions orally, and the Commission can ask questions based on those submissions.

The Commission will release its final determination on the applications as soon as practicable after the conference.

Attached is a copy of the conference programme.

Conference Agenda 18 – 25 August 2003

Ground Floor, NGC Building, 44 The Terrace, Wellington

Commissioners: Ms Paula Rebstock (Acting Chair) Mr Peter Taylor Ms Denese Bates (QC) Mr Donal Curtin

Please note: Time has been allocated to parties based on initial presentation requests, the Commission’s requirements for questions of each party and the constraints of the Conference schedule. This agenda is as accurate as possible, based on the information provided to the Commission by parties presenting at the conference. Times will be adhered to as closely as possible. However, the Commission notes the possibility of some variation. The Chair will confirm changes to timing as the conference progresses. The Applicants have identified four confidential sessions which are highlighted in bold. Morning and afternoon tea will be taken at appropriate breaks in sessions. All parties are asked to contact Commission staff immediately if their timing or equipment requirements change.

Monday 18 August 2003
10.00 am Start
10.15 am Chair – opening remarks
10.30 am Applicants Opening/Review of Air NZ and Qantas Position – Ralph Norris/Geoff Dixon
11.45 am Airline Model – Doctor Michael Tretheway
12.30 pm Lunch
1.30 pm VBA Entry and Expansion – Airline Representatives/David Bental (APG)
3.00 pm Impact of VBA Entry – Dr Clifford Winston
4.00 pm The Counterfactual, Discussion of Qantas Expansion – Qantas Representatives/David Bental (APG)
5.00 pm The Counterfactual, Qantas Confidential Session – Qantas Representatives/APG
6.00 pm Engineering & Maintenance, Qantas Confidential Session – Qantas Representatives
7.00 pm End

Tuesday 19 August 2003
9.00 am Applicants VBA Entry and Expansion, The VBA Model in Europe & Australasia – Ray Webster (CEO, easyjet).
9.30 am Competitive effects in the Travel Distribution Market – Airline Representatives
10.00 am Effect of 5th Freedom Competition – Airline Representatives
10.45 am The Confidential Counterfactual, Air NZ Confidential Session – Air NZ Representatives/Eric Lucas (PWC)
12.15 pm Lunch
1.15 pm Implications of the Confidential Counterfactual for Tourism, Qantas/Air NZ Confidential session – Henry Ergas (NECG)/Airline Representatives/Others
1.45 pm Aviation condition and International analysis of Airline Mergers – Professor Willig/Margaret Guerin-Calvert
3.30 pm Tourism Benefits of the Alliance – Airline Representatives/NECG
5.00 pm Quantification of Public Benefit of Additional Tourists – Henry Ergas/Others
6.00 pm End
Wednesday 20 August 2003
9.00 am Applicants Competitive Effects in Freight Markets – Airline Representatives/NEC
9.30 am Introduction to Economic Arguments – Henry Ergas
10.30 am Allocative Efficiency Detriments – Henry Ergas/Professor Willig
12.15 pm Lunch
1.15 pm Review of Economic Models
2.45 pm Productive and Dynamic efficiencies – Henry Ergas/Margaret Guerin-Calvert
4.00 pm Cost Savings – Henry Ergas
4.30 pm Scheduling and new Direct Flights – Henry Ergas/Margaret Guerin-Calvert
5.30 pm Balancing – Henry Ergas
6.00 pm End
Thursday 21 August 2003
9.00am Virgin Blue David Huttner (Head of Commercial)/Counsel (Simpson Grierson)
12.00 pm Lunch
1.00 pm Infratil et al Representatives of Infratil et al/Grant David (Chapman Tripp)/LECG representatives/Professor Hausman
6.00 pm End
Friday 22 August 2003
9.00 am Gullivers Pacific Ralph Lattimore/Simon Hope/Andrew Bagnall/Tim Hazeldine/Kathy O’Connor
10.30 am Origin Pacific Tony Marks/Robert Inglis
11.30 am Bon Voyage Gerard Murphy
12.00 pm Christchurch Airport George Bellew/Tom Weston QC
12.30 pm Lunch
1.30 pm Invercargill Airport John Walsh (General Manager)/Norman McFarlane
2.00 pm Polynesian Airlines John Fitzgerald/Norman McFarlane
2.30 pm Travel Agents Association Peter Lowry/Andy Marshall
3.00 pm CTU and EPMU Tony Wilton (CTU)/Andrew Little (EPMU)
3.30 pm Consumers Institute David Russell/Paul Doocey
4.00 pm Jumpjet Airlines Nick Kile/John Cook/Chris Scanlan
4.30 pm Save Air NZ Ian Prior (Convenor)/Robin Halliday (Executive Officer)
5.00 pm End
Monday 25 August 2003
10.00 am Applicants Right of reply – John Palmer/Henry Ergas/Margaret Guerin-Calvert
11.30 am Chair’s closing
11.35 am End

© 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