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.

United Continental's airline network map looks like an atlas attacked by a crayon-wielding 2-year-old.

A family have discovered honesty can be costly on Air New Zealand.

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.

The EU criticised airport operators yesterday for failing to deal adequately with the heavy snow and freezing weather.

The handover of Air NZ's first 777-300 aircraft is the biggest development in commercial air travel in 30 years, the airline says.

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