Sharechat Logo

Aust-Singapore open skies talks could impact AirNZ

By NZPA

Monday 6th January 2003

Text too small?
Formal talks over an open skies deal between Australia and Singapore are expected to begin soon, an Australian newspaper said today.

"We expect we would be in touch with the Singaporean government early in the new year, probably in January," a senior transport official told the Australian Financial Review.

Such talks are believed to be of interest to Australia's competition watchdog, the Australian Competition and Consumer Commission, which is weighing up Qantas' proposal to take a near quarter stake in Air New Zealand.

Both the Australian government and the commission have indicated that increased access to the Australian market for foreign carriers could help offset competition concerns about the Qantas-Air NZ alliance, the newspaper said.

Qantas has spoken out against an open skies deal with Singapore, saying it would have limited opportunity to take advantage of such a deal because of constraints on its capacity to third destinations.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Air NZ plans to raise stake in Virgin Australia to 25.9 percent after gaining approvals
Air NZ keeps balance sheet plump, holds back on dividends as fleet renewal looms
Air New Zealand plans to close Auckland maintenance facility, cut 180 jobs, union says
Air NZ's Safe Air unit cuts 84 jobs in Blenheim as contracts end
Air NZ agrees to settle cartel case, expects earnings at upper end of guidance
Air NZ lifts stake in Virgin Australia to 23 percent , may creep up to 26 percent
Air NZ backs down on challenge to cargo suit against regulator
Air New Zealand reviews Japan flights as decline in yen makes travel more expensive
Ex-Foodstuffs boss Carter to head up Air NZ board
Air NZ shares jump 5.6 percent as airline flags annual earnings to more than double