Air NZ fears for future after Qantas bid fails
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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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Qantas will discuss getting compensation from Boeing after the delivery of its Dreamliner is delayed again.
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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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AustraliaÂs national carrier, Qantas, said that it had been approached by Macquarie Bank and the Texas Pacific Group amid speculation of a takeover.
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Qantas Airways Ltd. , Australia's top airline, is expected to announce a takeover offer of around A$10.9 billion (US$8.55 billion) from a consortium led by Macquarie Bank Ltd.  this week, possibly as early as Wednesday, sources said.
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WELLINGTON (Dow Jones)--Air New Zealand Ltd. (AIR.NZ) said Wednesday it expects to post a slight drop in profit in the current financial year, and that it hopes to raise NZ$186 million in a rights issue next month to fund investment in new aircraft.
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QANTAS is suffering an unexpected softening in passenger demand, particularly on international routes, as the impact of the rising global oil price starts to strike consumer spending.
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Qantas Airways Ltd.&#39;s proposed alliance with Air New Zealand Ltd. was rejected by New Zealand&#39;s High Court, the latest blow in the carriers&#39; two-year attempt to team up to cut costs and ward off airlines such as Emirates.
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SYDNEY: Australian regulators have lifted objections to a proposed alliance between Qantas Airways and Air New Zealand, although New Zealand authorities remain a stumbling block to the trans-Tasman deal.
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Australia's Qantas Airways  said on Thursday it has accepted an A$11.1 billion ($8.7 billion) revised buyout offer led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group at A$5.60 a share.
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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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Tie me spotter plane down, sport A Google Australia Day publicity wheeze came down with a bump on Friday when aviation authorities said the firm could not fly a specially chartered plane over Sydney.â¦
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Australia's Qantas Airways Ltd.  rejected a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group , sending its shares down 2.7 percent.
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Australian airline Qantas rejects a controversial $8.6bn takeover deal led by Australian bank Macquarie.
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the Air New Zealand of September 2004 is a vastly different company from the one that feared annihilation by Qantas just two years ago.
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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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The sale ends a four-year investment in New Zealand&#39;s national carrier, that has cost the Asian airline half a billion dollars.