NZ Court Denies Air NZ-Qantas Alliance
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New Zealand&#39;s High Court ruled on Monday against allowing national flag carrier Air New Zealand to form an alliance with Australia&#39;s Qantas, but the rivals said they would still look for ways to co-operate.
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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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Qantas Airways Ltd. should not seek another airline to replace British Airways Plc if the UK carrier sells its stake in the business, Qantas Chief Executive Geoff Dixon said.
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WASHINGTON -- The Supreme Court Monday refused to consider a significant antitrust case involving Northwest Airlines and a low-cost competitor that could have set some rules for competition between large airlines and smaller, no-frills rivals.
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Australia's Qantas Airways Ltd.   rejected on Wednesday a conditional A$10.9 billion  ($8.6 billion) buyout offer led by Macquarie Bank Ltd.   and private equity firm Texas Pacific Group .
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Gold Fields Ltd. said Friday that a South Africa&#39;s Competition Appeal Court has temporarily blocked a hostile takeover bid from Harmony Gold Mining Co.
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Telecom yesterday denied its AAPT consumer business in Australia was on the block, reports NZPA. The company played down chief financial officer Marko Bogoievski&#39;s statement in a media report from New York
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The private buyers of Australia's flag carrier Qantas have insisted they were not corporate raiders, as jitters mounted a day after one of the biggest airline takeovers in history was unveiled.
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A Trinidad court denied bail on Monday for three suspects in an alleged plot to blow up New York's JFK International Airport and a local prosecutor said they may face life imprisonment.
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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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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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Air New Zealand and Qantas will try to find new ways of working together to reduce costs, after the High Court upheld a Commerce Commission decision not to allow an alliance between the two.
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A TWO-YEAR battle to convince regulators to accept a proposed alliance between Qantas Airways and Air New Zealand was brought to an end yesterday with the NZ High Court rejecting the tie-up.
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Hong Kong&#39;s highest court rejected the government&#39;s request that a 67-year-old tenant be given hours instead of weeks to appeal the sale of a $2.7 billion property trust, putting its Dec. 20 trading debut in doubt.
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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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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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Citing anticompetitive concerns, New Zealand&#39;s High Court rejected on Monday a proposed alliance between the country&#39;s flagship carrier and Australian rival Qantas.