Qantas not to appeal NZ decision on Air NZ alliance
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SYDNEY: Qantas Airways Ltd today it would not appeal a New Zealand court decision that knocked back a proposed alliance with Air New Zealand Ltd.
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Australian flag carrier Qantas Airways has rejected a 10.9 billion dollar (8.6 billion US) takeover bid from a private equity consortium, sending its shares into a nosedive.
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AUCKLAND: National flag carrier Air New Zealand said it had lost a court bid to win approval for an alliance with its Australian competitor Qantas.
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AN Australian tribunal today gave the green light to a proposed alliance between Qantas Airways Ltd and Air New Zealand Ltd, even though the airlines are no longer able to pursue the tie-up the way they had planned.
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WELLINGTON : Trading in Air New Zealand stock resumed, a day after Singapore Airlines (SIA) sold off its 6.3 percent stake in the flag carrier for 61.
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SYDNEY: Australian flag-carrier Qantas said it was disappointed a proposed alliance with Air New Zealand (ANZ) had been rejected by New Zealand&#39;s high court but ruled out appealing decision.
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The Australian government will not move to block a foreign takeover of  airline Qantas, the prime minister says.
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Air New Zealand and Qantas are likely to form a modified alliance after the New Zealand High Court yesterday ruled against the airlines joining together in a formal way.
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By GILL, Mary Anne  A Hamilton group committed to seeing tui return to the city has decided not to lodge an appeal in the Environment Court against the consent approval of the V8 Supercars.
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Airline Partners Australia (APA), a  consortium bidding for Australia's Qantas Airways ,  said on Friday it would not increase its $8.7 billion buyout  offer for the airline.
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MARK COLVIN: After two years of legal battles, it now seems the alliance deal between Air New Zealand and Qantas is well and truly grounded.
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The decision by an Australian tribunal to approve on appeal a plan by Qantas Airways Ltd and Air New Zealand Ltd to form an alliance had come too late for a deal to go ahead, the airlines said.
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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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Air New Zealand said on Tuesday the Australian Competition Tribunal had approved a proposed alliance with Australia&#39;s Qantas, despite its rejection in New Zealand.
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Aviation industry analysts expect Qantas to head in a different direction now the Air NZ alliance is off. Picture:Reuters. Qantas&#39; plans to take a 22.
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New Zealand's High Court halts attempts by Qantas and Air New Zealand to work together against low-cost carriers.
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America West Holdings Corp. AWA.N on  Thursday said it would not bid for assets of bankrupt carrier  ATA Airlines, saying the value does not justify the cost.