
Govt Air NZ selldown still in hangar
The Government is still working through the best way to sell down its stake in Air New Zealand but says it will be a faster sales process than the power companies.
The Government is still working through the best way to sell down its stake in Air New Zealand but says it will be a faster sales process than the power companies.
Airwork NZ is expanding into Europe, buying 14 rescue helicopters used by a German motoring organisation.
Demand for airline pilots is growing around the world with half a million vacancies opening up in the next 20 years and shortages most acute in the Asia Pacific region.
Air New Zealand has received approval to lift its stake in airline Virgin Australia to nearly 26 per cent.
Emirates has increased fuel consumption across its fast-growing fleet by almost 16 per cent over the past year, but says its efficiency per passenger is improving and is now markedly better than the industry average.
Air NZ has announced a major shake-up of its regional services, including an end to all Wairarapa services, fewer flights from Wanganui and a boost to its Rotorua services.
Jetstar is launching a direct Auckland-to-Adelaide service from the middle of December, taking on Air New Zealand with special launch fares of $99 one-way.
New Zealand shares rose as Air New Zealand and A2 Corp posted earnings growth, and Fonterra Shareholders' Fund gained a day after the dairy group's whey protein tested free of a bacterium that could cause botulism.
Air New Zealand says it is confident of coping with higher fuel prices if tension over a possible attack on Syria forces oil prices even higher.
New Zealand airlines say they won't offer passengers the option to book seats away from noisy children after a move by a Singapore airline.
A union leader says the announcement up to 180 heavy maintenance jobs at Air New Zealand will be axed is a "sad, sad day for aircraft engineering".
Air New Zealand will axe 180 engineering jobs when it closes a maintenance facility in Auckland, according to the Engineering, Printing and Manufacturing Union.
Adrian Littlewood Auckland Airport says it has made a flying start to the new financial year after profit leaped 25 per cent to $177.9 million in the past 12 months.
Profits have soared 25 per cent at Auckland Airport, boosted by more passengers, more planes and an increase in the value of its property portfolio.
Qantas will start a new Auckland-Perth service this summer with travel agents saying new competition on the route could lead to a drop in fares.
Qantas will start a new Auckland-Perth service this summer and has launched a new transtasman schedule as its partnership with Emirates takes off.
Emirates has reached a decade of services to New Zealand as the airline celebrates five years of flying its superjumbo Airbus A380 around the world.
Emirates is taking first class travel up a notch with a luxury private jet service.
An airline group remains worried about charges at Auckland Airport even though the Commerce Commission has found it is not making excessive profits
Wellington Airport is going back to the drawing board to set new landing charges but the group representing airlines is worried they will skyrocket.