Air NZ signs deal to replace Nelson fleet
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Air New Zealand subsidiary Air Nelson&#39;s ageing fleet of 17 aircraft will be replaced in a $350 million deal resulting in new jobs and additional seating capacity, general manager John Hambleton says.
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Australia's Qantas Airways Ltd.   reached a deal on Wednesday to be sold to a group led  by Macquarie Bank Ltd.  and private equity firm Texas  Pacific Group, according to a source familiar with the deal.
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Richard Branson&#39;s Virgin Atlantic Airways has announced an agreement with Nigeria to set up a new airline following the collapse of the African nation&#39;s flagship carrier last year.
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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.
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The pilots union at United Airlines on Tuesday said its negotiators have reached a tentative contract deal with the bankrupt No. 2 US airline.
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SINGAPORE: Singapore Airlines (SIA) will sell its 6.3 percent stake in Air New Zealand, officially ending its venture in the now government-controlled carrier.
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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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Air New Zealand and Qantas Airways have lost their bid to get their proposed alliance approved in New Zealand. New Zealand&#39;s High Court declined the airlines&#39; appeal against a NZ Commerce Commission decision to block the alliance.
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Air Europa of Spain is the first airline to commit to the A350-800, Airbusâ new 245-seater aircraft only on offer since 10th December, after signing a Memorandum of Understanding for 10 aircraft and 2 further options.
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The union that represents pilots at United Airlines said yesterday that it had struck a deal that would allow the airline to terminate the pilots&#39; ailing pension plan and partly compensate them for the loss.
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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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WELLINGTON (Dow Jones)--New Zealand&#39;s Auckland International Airport Ltd. (AIA.NZ) Thursday posted double digit annual profit growth, buoyed by a surge in passenger travel, and said it expects to meet market consensus for the 2005 fiscal year earnings.
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SEPANG: Low-cost carrier, AirAsia Bhd, Friday signed a memorandum of understanding (MOU) with European space consortium, Airbus, for 40 firm orders to purchase the new A320 aircraft in a deal worth about US$2.5 billion (about RM9.5 billion).
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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.
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America West Airlines AWA.N on  Friday said it has reached a tentative agreement with the  Transport Workers Union for a new contract for the airline's  dispatchers.
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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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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.