Sharechat Logo

Decision time for airline appeal

Graeme Kennedy

Friday 7th November 2003

Text too small?
Air New Zealand and Qantas chief executives Ralph Norris and Geoff Dixon are expected to decide within a week if they will continue to fight for their planned alliance with an appeal against the Commerce Commission's ruling against the deal.

Norris met Dixon in Sydney this week to discuss the issue and determine if further action was worthwhile.

But no decision was made and both are waiting for more advice and opinion on the chances of a successful appeal.

Dixon earlier told the Pacific Aviation Media Association he had "not completely" given up on the plan in which Qantas would take a 22.5% stake in Air New Zealand.

The Australian Consumer & Competition Commission has also turned down the proposal and that decision is being appealed in the Competition Tribunal.

  General Finance Advertising    

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.

Related News:

Investore Property Limited (Investore) today announced its financial results for the twelve months ended 31 March 2020 (FY20).
Rabobank GDT Analysis - Event 261
SkyCity Entertainment Group Limited - Update on COVID-19 Impacts and Recent Trading
ANZ announces sale of UDC Finance
Foley Wines Limited Announces Harvest Result, Earnings Outlook and Development in Martinborough
JUST MY VIEW - BRENT KING
BLIS delivers substained profitable growth
Infratil - Full year results announcement for the year ended 31 March 2020
COMVITA LIMITED Announces NZ$50 Million Equity Raising to improve balance sheet flexibility and build resilience
GMT’s delivers statutory profit of $284.4 million before tax

IRG See IRG research reports