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New Zealand Commerce Commission delays decision on Air New Zealand/Qantas alliance.

Europe Intelligence Wire

| September 25, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Airline Industry Information)

New Zealand's commercial regulator has delayed a ruling on the proposed alliance between Air New Zealand and Australian carrier Qantas Airways.

Under the proposal, Qantas would pay NZD550m for a 22.5% stake in Air New Zealand, while Air New Zealand would take control of both carrier's services to, from and within New Zealand.

The …

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