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A Qantas-Air New Zealand alliance will boost both companies

Wellington, New Zealand - According to Air New Zealand's chairman

According to John Palmer, chairman at Air New Zealand, if the airline will join Qantas in a strategic partnership both carriers would better face international competitive pressures. Mr. Palmer recognizes also that Air New Zealand current financial structure, with a 82% stake held by country's government, isn't a long-term option. "That is why we are seriously discussing the potential for a strategic...

AVIONEWS - World Aeronautical Press Agency - 32602
Rome, Italy, 08/28/2002 10:58
AVIONEWS - World Aeronautical Press Agency

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