
Air NZ pours more cash into Virgin
Air New Zealand will spend up to A$116 million (NZ$130 million) buying into a rights issue by Virgin Australia to maintain its shareholding in the Australian carrier to 25.5 per cent.
Air New Zealand will spend up to A$116 million (NZ$130 million) buying into a rights issue by Virgin Australia to maintain its shareholding in the Australian carrier to 25.5 per cent.
Air NZ's share sell-down is likely to be priced at a small discount due to demand, and its success will be greater than power company share floats, an analyst says.
The Government is being tipped to sell down its stake in Air NZ early next week ahead of a referendum asking Kiwis if they support partial sales of state-owned assets.
Growing numbers of private jets are coming to New Zealand, prompting corporate aircraft handlers to build a new terminal in Queenstown.
A New Zealand flight-simulator maker has cracked the United States and Chinese markets.
Air New Zealand says it has no intention of taking Virgin Australia private, a scenario which has been reported in Australia.
Air New Zealand has unveiled a cabin mock-up of its Boeing 787 Dreamliner and has revealed it will debut on the Auckland-Perth route.
Airbus says it has cracked the secret of a restful economy cabin - an extra 2.5cm of seat width.
China Southern Airlines flew the first scheduled Boeing 787 Dreamliner flight into New Zealand yesterday.
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Air New Zealand is shaping up as the pick of the Government-owned companies on sale after Meridian Energy's low offer price and Mighty River Power's languishing shares.
China Southern Airlines will be the first carrier to operate scheduled Boeing 787 Dreamliner services to New Zealand from Monday.
The growing number of Chinese visitors passing through Auckland Airport can now see flight arrival and departure information displayed in Chinese.
Christchurch International Airport's target profits for the next two decades have been labelled "excessive" by the Commerce Commission.
Jetstar says it will investigate who defaced a passenger's luggage in transit, using stickers to spell out "I am gay" on his suitcase.
The Alitalia board on Friday approved a 300 million euro ($400 million) capital increase as part of a rescue plan for the struggling flagship airline.
Qantas is rolling out a near life-size replica of Mars rover Curiosity around New Zealand to promote its frequent flyer programme.
The airline battle over flying to Hawaii is stepping up with Air New Zealand adding more flights to the increasingly popular holiday destination.
The Dreamliner Gallery - where airline execs go shopping...