Air New Zealand has put Ansett Australia up for sale after Australia’s competition watchdog indicated it might give the green light to a Qantas bid for the troubled Australian subsidiary that is losing A$1.3m (US$675,000) a day.
The Australian government has lent its support to the sale despite the fact that a deal with Qantas would give the national carrier a 90 per cent share of the domestic market
Read MoreQantas Airways’ proposal to take a stake in Air New Zealand, its regional rival, ran into turbulence on Friday when Singapore Airlines sketched out an alternative plan to increase its stake in the New Zealand carrier.
Read MoreQantas, 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.
Read MoreNew 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.
Read MorePostal Airline Partnerships – A presentation by Quantus Freight
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