Air New Zealand to Purchase Aircraft From Bombardier
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Air New Zealand Ltd., the country&#39;s biggest airline, agreed to spend as much as $716 million on aircraft from Bombardier Inc. to replace the fleet of its domestic Air Nelson unit.
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Australia's Qantas Airways Ltd  said on Monday it had ordered an additional 12 Bombardier Inc  Q400 aircraft in a A$400 million ($357 million) deal.
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SINGAPORE (Dow Jones)--Air New Zealand Ltd. (AIR.NZ) is likely to increase its passenger fuel surcharge as oil prices and fuel costs continue to climb, managing director and chief executive Ralph Norris said at a lecture in Singapore Monday.
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In response to escalating fuel prices, Air New Zealand has announced it will increase its fuel surcharge on airfares sold from September 2 onward.
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Singapore Airlines, which splashed out $285 million on Air New Zealand shares four years ago, yesterday sold its stake in the national carrier for about $62 million.
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Brazilian aircraft manufacturer Embraer signs a $2.7bn deal to deliver 100 jets to Chinese airline HNA Group.
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Air New Zealand was left with the New Zealand Government as its only substantial shareholder yesterday after Singapore Airlines sold its remaining 6.3 per cent stake in the Kiwi carrier for $NZ61.
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Singapore Airlines agrees to buy up to 31  Boeing planes for use on its medium and long-haul routes.
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Air New Zealand has confirmed it is hiking up the fuel surcharge on airfares sold from September 2nd. The surcharge applied to flights on regional Link services will double, to $6 per one-way journey.
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Singapore International Airline&#39;s (SIA) selldown of its 6.3 per cent stake in Air New Zealand, announced yesterday, seems to have been well anticipated by the sharemarket.
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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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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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The board of Auckland International Airport backs a bid from Dubai Aerospace Enterprise.
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AirTran Holdings Inc.  said on  Wednesday it had offered to buy rival Midwest Air Group Inc.  .
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TOKYO Japan Airlines said Wednesday that it would buy as many as 50 of Boeing&#39;s 7E7 jets, a big order that will help the American company maintain a dominant position in the world&#39;s second-largest airplane market.
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WELLINGTON : National carrier Air New Zealand will revisit its plans for an alliance with Australia&#39;s Qantas Airways in two or three years, Air New Zealand chief executive Ralph Norris said.
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Deutsche Bank AG is buying Air Canada convertible debt with a face value of C$850 million ($761 million) for C$124.3 million, speculating the airline&#39;s shares will rise when they resume