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Dunne pressured over Air NZ.

Asia Africa Intelligence Wire

| November 30, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Christchurch Press)

Byline: ESPINER Colin

IN THE NEWS

"The power in the new relationship will inevitably lie with Qantas." Melbourne Age.

"The alliance will give Qantas a virtual monopoly over the New Zealand market." The Australian.

"Even though Qantas will only be a 22.5 per cent owner, it will be the dominant partner." Sydney Morning Herald.

"The board of Qantas concurs with the board of Air NZ that Air NZ must be controlled and managed autonomously under the oversight and direction of its own board." John Palmer, Air NZ chairman.

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