Air New Zealand shares fell after the company paid A$145 million for a 14.9pc stake in new trans-Tasman partner Virgin Blue.

Air New Zealand is taking its relationship with Virgin Blue up a notch, saying it has become a substantial shareholder in the Australian-based airline.

We need to think more about partially privatising state owned assets, argue Susan Watson and Chye-Ching Huang, from the University of Auckland's Business School.

China's biggest airline says it will now start flying direct from Guangzhou to Auckland, boosting the annual injection to the region's economy from $50m to $75m.

A passionate group of aviation enthusiasts are keeping a classic airplane in the air.

Air NZ says the innovations on its new 777-300 aircraft are only the start of things to come.

The first of Air New Zealand's new fleet of 777-300ER aircraft took off from Boeing's Seattle headquarters yesterday, and began what the airline is calling an economy-class revolution.

Auckland Airport handled 3.8 per cent more passengers in November than a year ago, and airports it has invested in experienced even stronger growth.

Air NZ and Virgin Blue have won approval from Transport Minister Steven Joyce to cooperate on routes across the Tasman.

The Australian Competition and Consumer Commission (ACCC) has given approval for the proposed trans-Tasman alliance between Air New Zealand and Virgin Blue.

Construction work will be finished in time for Rugby World Cup, says chief.

A structure likened to the Starship Enterprise is the centrepiece of a $50 million retail redevelopment at Auckland International Airport's departures area.

Air New Zealand is in talks with other airlines wanting to use its new "cuddle class" economy seats.