Air deal takes off

Managing director Jim McCrea said conditions attached to the approvals did not affect the terms of the deal and both companies would now move rapidly toward full settlement. New group executive appointments would be made next month. Air New Zealand bought half of Ansett four years ago and announced its bid for the other 50% from News Corp in February. Teams have been working on integration to a single business group operating under their own brands.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TEM - Transaction in Own Shares
SCT - Scott Advances MHL Strategy with NexPAL Launch
NZK Market Update
BRW - Target Company Statement and Independent Adviser's Report
Devon Funds Morning Note - 17 September 2026
September 17th Morning Report
CHI - NZD/AUD FX rate for HY26 dividend
SEK - Seeka Increases Forecast Full Year Earnings Guidance
ATM - 2026 Annual Meeting - Closing Date for Director Nominations
IFT - Data centre demand drives growth and guidance increase