Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Air NZ’s future paramount

Air NZ’s future paramount

Progressive Coalition leader Jim Anderton says that ensuring the long term success of Air New Zealand is behind the Labour Progressive Government’s agreement to allow the Air NZ / Qantas proposal to proceed to the Commerce Commissions on both sides of the Tasman.

“After coming to the financial rescue of Air New Zealand last year, today’s announcement from the Labour Progressive Government shows us that the long-term success of Air New Zealand continues to remain paramount to us,” said Jim Anderton.

“The proposal is for Qantas to pay $500 million for a 22.5 per cent minority shareholding in Air New Zealand which will still have a majority New Zealand Government ownership of 64 per cent, if it receives approval from regulatory authorities on both sides of the Tasman.

“If the alliance with Qantas proceeds it will reinforce the need for New Zealand Governments to continue to have a controlling stake in the airline for the indefinite future.

“This is because a New Zealand Government majority shareholding is the best way to guarantee continuing New Zealand control of Air NZ.

“Airlines around the world are facing tough times and the long term success of Air New Zealand as an international and domestic airline depends on investment and strategic partnerships. If these do not occur future funding from the New Zealand Government alone will be at the expense of much needed public investment in education, health and other essential services.

“I have always supported a New Zealand owned airline, and did so to my own personal cost in the 1980s. This move will help ensure that we continue to have a national airline which flies the New Zealand flag around the world,” said Jim Anderton.

Jim Anderton, who is also the Minister for Economic Development, stressed that if the proposal is significantly altered during the assessment process or new information emerges, it will need to be reassessed.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election