Air NZ-Qantas merger rejected by High Court
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The High Court has turned down an appeal by Air New Zealand and Qantas over their proposed merger. The airlines had appealed to the court over the Commerce Commission&#39;s earlier decision to decline Qantas&#39;s
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AIR New Zealand today claimed it faced an uncertain future after the countryâs High Court threw out plans for a tie-up with Qantas, its Australian-based rival.
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Shares of Air New Zealand Ltd., the country&#39;s largest airline, were halted pending a High Court ruling on plans for an alliance with Australia&#39;s Qantas Airways Ltd.
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The battle for control of Formula One, the company which holds commercial control of Formula 1 racing, took a major turn on Friday when the High Court in London rejected an appeal by Formula One Holdings against a court action being held in the United
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Auckland International Airport , operator of New Zealand's main international gateway, rejected a Canadian fund's NZ$1.8 billion ($1.4 billion) offer for up to a 40 percent stake, saying it was too low, would raise debt levels and the fund lacked expertise in running airports.
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SYDNEY, Australia -- Australian authorities Tuesday approved a proposed alliance between Qantas and Air New Zealand - but the decision came too late for the airlines as the New Zealand High Court last month rejected the tie-up.
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Ireland's High Court rejects a lesbian couple's bid to have their overseas marriage legally recognised.
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Shares in Air New Zealand were placed in a trading halt before NZX opened this morning. Air NZ requested its shares be placed on the halt ahead of a High Court announcement on the airline&#39;s proposed tie-up with Qantas.
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Taiwan&#39;s high court yesterday rejected opposition leader Lien Chan&#39;s petition to nullify the highly disputed March 20 &quot;presidential&quot; election.
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SYDNEY: Australian flag-carrier Qantas said it was disappointed a proposed alliance with Air New Zealand had been rejected by New Zealand&#39;s High Court but ruled out appealing the decision.
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Qantas Airways chief executive Geoff Dixon today said it was time for the airline to move on now its proposed alliance with Air New Zealand had been rejected by the New Zealand High Court.
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Shares in Air New Zealand were placed in a trading halt before the New Zealand Stock Exchange opened this morning. Air NZ requested its shares be placed on the halt before a High Court announcement on the
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South Africa's Competition Tribunal has rejected a request by Gold Fields Ltd. to block a &#36;7.1 billion hostile takeover by Harmony Gold Mining Co. that would create the world's largest gold mining company.
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Australian travel retailer Flight Center Ltd.  said its planned A$1.62 billion ($1.28 billion) management buy-out did not receive shareholder approval at a meeting on Wednesday.
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The sale ends a four-year investment in New Zealand&#39;s national carrier, that has cost the Asian airline half a billion dollars.
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AIR New Zealand and Qantas Airways face the prospect of intensifying competition on its trans-Tasman route from other airlines now that a proposed alliance between the pair has been blocked, according to analysts.
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SINGAPORE: Singapore Airlines (SIA) will sell its 6.3 percent stake in Air New Zealand, officially ending its venture in the now government-controlled carrier.