Tag: Australasia

Qantas appeases opposition to Air New Zealand deal

Qantas, the Australian flag carrier, on Thursday sought to appease the New Zealand government and regulators over its plans to acquire a majority stake in competitor Air New Zealand. If successful in its bid, Qantas said it would leave a majority of Air NZ in New Zealand hands. Air NZ would also retain its brand, its headquarters in Auckland, and a New Zealander chairman.

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Australia: Direct Mail is Booming

In the global junk mail world, Australians are among the underprivileged, forced to exist on just 208 pieces of junk mail a person each year, according to Gary Lee, the Australia Post executive who runs the core letters business. Lucky Western Europeans get about 400 pieces a person, depending on the country. And Americans enjoy a lip-smacking 700-plus pieces of junk mail each nearly 200 billion pieces zipping from coast to coast annually

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Qantas meets minister over airline collapse

New Zealand’s transport minister, Mark Gosche, is to meet executives from Qantas Airways on Monday to encourage them to begin a domestic service, following the abrupt collapse of the country’s second-biggest airline, Qantas New Zealand, on Saturday.

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National Mail, New Zealand, to sell off assets

National Mail directors have accepted the inevitable and are dismantling the dormant New Zealand company.
Chairman Richard Flower told about 20 shareholders at a low-key annual meeting that efforts to find a buyer for the company as a going concern had failed, but two overseas parties were interested in some of the company’s assets, which could be worth NZ$1 million.

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