Posts: 11621
Joined: Mon Nov 13, 2000 4:06 am

NZ-QF Tie Up Will Fail

Wed Mar 12, 2003 8:13 am

Air New Zealand CEO Ralph Norris has said that he agrees with New Zealand Finance Minister Michael Cullen that the proposed alliance with Australia's largest airline will fail.

However, the airline intends to salvage the deal by offering more concessions.

Mr. Norris said that Mr. Cullen's view that the deal will be rejected by the New Zealand and Australian competition regulators is "probably pretty accurate."

"Basically for us it's a matter of understanding what their concerns may be and addressing those in the process as it's being determined," Norris said. "We will be able to address what are the substantive issues that need to be dealt with through that process."

More information at the Dow Jones / Yahoo website

Information was gathered from the above hyperlinked webpage. Full information can be viewed by clicking the above hyperlinked webpage. Information was rephrased and not copied and pasted unlike others with the exception of quotes
Anyone can fly, only the best Soar.
Posts: 1706
Joined: Thu May 24, 2001 8:20 pm

RE: NZ-QF Tie Up Will Fail

Wed Mar 12, 2003 1:02 pm

............................... and Singapore Airlines - A subsidiary of the Singapore Airlines group - a member of star alliance blah blah blah blah SHALL REIGN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


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