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Emirates Could Threaten Air NZ - Expert
Emirates Could Threaten Air NZ - Expert
06/05/2004 06:37 PM NewstalkZB Speculation that Emirates Airlines plans a major international hub in Auckland comes as no surprise to a financial adviser. Air New Zealand's chief executive has told the Australian Competition Tribunal it needs to merge with Qantas to compete with Emirates' expansion plans. The tribunal is hearing its appeal against the Australian competition regulator's decision not to allow the merger. Simon Botherway from Brook Asset Management says he believes Emirates would prefer to hub out of Australia but does not have an agreement with the Australian authorities to allow it to do so. Mr Botherway says Emirates could pose a real threat to Air New Zealand if it has similar fares and levels of service. --multiplaza.nl.nu-- |
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