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New Zealand Airlines News. Service for global professionals. Constantly updated news and information about New Zealand.
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  • PRESS DIGEST-New Zealand newspapers - Nov 11 10 Nov 2009 19:13 GMT
    ... are some of the lead stories from New Zealand metropolitan newspapers on Wednesday. Stories may be ... a US investigation of SK Foods, a company linked to Cedenco Foods. Pay it back, ... against him. Infratil takes NZ$54m hit on airport: Infratil has lost about NZ$54 million on ...

  • Infratil dumps Auckland Airport stake at discount 10 Nov 2009 04:35 GMT
    ... Infratil dumps Auckland Airport stake at discount Infrastructure investor Infratil has ... it was looking to buy up in New Zealand in a deal with the fund. Infratil ... the possible deal with Shell for its business. “There is not going into that deal ...

  • Infratil takes $54m hit on airport 10 Nov 2009 15:53 GMT
    ... Auckland Airport's share price has tumbled since a partial ... the possible purchase of part of Shell's New Zealand assets. The utilities investor built a 3.87 ... year. Infratil executive Tim Brown said his company had intended being a long-term shareholder in ...

  • Auckland Airport share sale nudges market 10 Nov 2009 06:54 GMT
    ... The New Zealand sharemarket failed to catch a wave of ... was boosted by a sale of Auckland Airport shares by Infratil. The benchmark NZSX-50 index closed ... Oceanagold rose 8c to 170 after the company raised its estimate of reserves at its ...

  • Hydro canals to be drained for inspection 10 Nov 2009 04:34 GMT
    ... which is lessening the load on the New Zealand transmission system and putting downward pressure on ... Marko Bogoievski an exemption under the Electricity Industry Reform Act 1998 (EIR Act) in relation ... appointment to the board of Auckland International Airport Limited (AIAL), an electricity lines business, subject ...

  • Infratil sells airport shares 10 Nov 2009 17:14 GMT
    ... 3.87 per cent stake in Auckland International Airport for $87.25 million. It was revealed last week ... week that Infratil, in partnership with the New Zealand Superannuation Fund, is in exclusive talks to ... Shell's New Zealand assets. The Wellington-based investment company said it was selling the 47.4m airport ...

  • NZ's Infratil sells stake in Auckland airport 10 Nov 2009 02:30 GMT
    ... NZ's Infratil sells stake in Auckland airport New Zealand-based infrastructure investment company Infratil has sold its 3.87% stake in Auckland International Airport (AIA). It sold the ...

  • South Korean Market Trades Higher 10 Nov 2009 03:53 GMT
    ... 2.2% respectively. Shares of South Korea's top airline Korean Air Co. are up 2.3% on ... its recovery in the slowly stabilizing airline industry. The firm reported a net profit of ... also trading with notable gains. However, the New Zealand market is trading in negative territory with ...

  • CAE Wins C$55M Contracts for Simulators, Services 10 Nov 2009 12:50 GMT
    ... relocations. The FFS contracts are with Malaysia Airlines, Kenya Airways, Korean Air, and Mount Cook Airlines and ... Airlines, a wholly owned subsidiary of Air New Zealand. The simulator will be delivered to Auckland ...

  • Chief Executive Officer's Address 10 Nov 2009 01:13 GMT
    ... and give some thl views on the industry outlook for the coming year – although ... which I will discuss later. SLIDE 9 New Zealand has some outstanding success stories with inspiring ... get today when checking in for an airline flight at the touch of a button ...

  • Chairman's Address 10 Nov 2009 03:12 GMT
    ... Kevin Hoare. [ Pause ] 
The tourism industry is one of those most affected by ... the outlook for tourism in Australia and New Zealand. Operations and results for 2009 year Net ... – more importantly – a risk that airlines may start to further cut capacity rather ...

  • THL looks to World Cup boost 10 Nov 2009 17:14 GMT
    ... help people drive investment back into the industry, which I think has slowed substantially." THL ... tourism will recover, and there is enough airline capacity in the world today to ensure ... demand." He had previously agreed with Tourism New Zealand predictions tourist numbers would decrease by 5 ...

  • Jetstar to trial SMS boarding passes 10 Nov 2009 00:16 GMT
    ... electronic boarding passes earlier this year. Low-fare airline Jetstar is about to trial a mobile ... Melbourne in early 2008 to work on airport immigration and other services. The company's 22-year-old ... with Jetstar is exclusive in Australia and New Zealand but a number of Asian and Middle ...

  • Infratil building warchest 10 Nov 2009 01:32 GMT
    ... in talks to buy Royal Dutch/Shell Group’s New Zealand assets, reaped $87.25 million selling its 3.87 ... its 3.87 percent stake in Auckland International Airport, saying it has better uses for the ... International Airport board, as part of the company's combined New Zealand Super Fund shareholding. Bogoievski ...

  • Asian Shares Up On Wall St Cues; Axa Asia Still In Limelight 10 Nov 2009 01:32 GMT
    ... and South Korea's Kospi Composite up 1.2%. New Zealand's NZX-50 was flat. Stock markets were getting ... Korean banks' ratio of non-performing loans. Brokerage firms such as Daewoo Securities, up 3.6%, and ... had sold its 3.87% stake in Auckland Airport was likely putting a "bit of cap ...


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