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QF And NZ End Strategic Alliance  
User currently offline777ER From New Zealand, joined Dec 2003, 12340 posts, RR: 18
Posted (7 years 10 months 1 week 5 days 12 hours ago) and read 1678 times:
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Qantas and Air New Zealand have agreed to terminate their strategic alliance agreement, as well as the Tasman networks agreement, following the rejection late last year of their joint application to the Australian regulator.

The Australian Competition and Consumer Commission (ACCC) ruled on Nov 3 that it would object to an agreement between Qantas and Air New Zealand for cooperation on trans-Tasman flights, and for pricing, given the airlines account for around 80 pct of trans-Tasman passengers.

http://www.forbes.com/markets/feeds/afx/2007/02/13/afx3424416.html

1 replies: All unread, jump to last
 
User currently offlineZkpilot From New Zealand, joined Mar 2006, 4865 posts, RR: 10
Reply 1, posted (7 years 10 months 1 week 5 days 5 hours ago) and read 1494 times:

Nothing surprising about this at all. We all new it was coming.
What is surprising however is the small but still relatively significant shareholding that QF now has in NZ...
4.something% is quite a lot.
I think from memory up to 5% is ok without any sort of approval.



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