If you're planning on joining the Mile High Club, then make sure you're on a flight with Australians.

Today's air balloon tragedy in the Wairarapa, in which 11 people were killed, is the seventh worst aviation disaster in New Zealand history.

Flight times will be slashed for Kiwi travellers as the roar of jet engines joins the ringing of sleigh bells over the North Pole.

The CAA investigator who allegedly forged an email presented to an air crash inquest will defend charges against him, his lawyer says.

Global market turmoil is not likely to prevent the sale of 49 per cent of Mighty River Power, says Bill English.

The government will probably stump up around $100 million in fees to investment banks preparing the partial sell-down of state-owned energy companies.

The incoming National Government says it will sell partial stakes in state owned enterprises. See what's on offer in this Herald graphic.

Air New Zealand is understood to be considering axing hundreds of jobs as it seeks to claw back $1 million dollar a week losses suffered on its long-haul network.