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New Zealand: High Court prevents Qantas' participation in Air New Zealand

Auckland, New Zeland - However, the Australian carrier would intend to strengthen its relations with the New Zealand's airline anyway

New Zealand's High Court of Justice would have found irregularities in the participation agreement signed by Air New Zealand and Qantas, and aimed to favour the gaining of a share in the New Zealand's carrier, for a 22-23%. According to Judge, the state-owned company (for about a 82%) would not have honoured the ruling regarding competition. Nevertheless, Qantas would prove willing anyway to go on...

AVIONEWS - World Aeronautical Press Agency - 103657
Rome, Italy, 09/20/2004 17:08
AVIONEWS - World Aeronautical Press Agency

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