New Zealand Court Rejects Air NZ-Qantas Alliance
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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
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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 federal bankruptcy judge on Friday  rejected an agreement between UAL Corp. UALAQ.OB and its  pilots union that would have let bankrupt United Airlines cut  pilots' pay by 14 percent and terminate their pension plans.
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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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Australia&#39;s main airline carrier, Qantas, says it won&#39;t appeal the New Zealand High Court&#39;s rejection of a proposed alliance with Air New Zealand.
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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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Qantas has decided that it will not appeal against a New Zealand High Court decision stopping it from forming an alliance with Air New Zealand.
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A judge rejected a $180 million  concession agreement between bankrupt United Airlines  UALAQ.OB and its pilots' union on Friday, while the carrier  announced it had reached a tentative giveback deal with its  mechanics and was close to one with its flight attendants.
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A federal judge on Thursday rejected the government's attempt to block Oracle Corp.'s &#36;7.7 billion takeover bid for rival PeopleSoft Inc., concluding a combination between the business software makers wouldn't throttle competition in a narrow market niche.
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Australia's government says it will not block a proposed takeover of the country's flagship airline Qantas.
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SINGAPORE Airlines has quit its 6.3 per cent shareholding in Air New Zealand, signalling the end of its ambitious plan to use the airline as a platform for expansion into the Australian and New Zealand markets.
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JOHANNESBURG  - South African mining group Harmony has lost the latest round in a hostile takeover of rival Gold Fields when a court rejected an urgent attempt to appeal against a ruling frustrating its bid to create the world&#39;s largest gold producer
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INDIANAPOLIS -- A federal judge yesterday rejected a Boston investor's bid for ATA Airlines Inc.'s Chicago Express regional carrier as part of the airline's bankruptcy reorganization.
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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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A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant&#39;s core subsidiaries.
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An aviation analyst believes Air New Zealand and Qantas will amend their bid to form an alliance and work instead on sharing resources.
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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.