http://newzealand-aviation-news.blogspot.com/
1. Virgin stake a step in Air NZ's global march
AIRLINES: Air New Zealand says it is eager to further develop its relationship with Virgin Australia as part of a wider strategy to extend its global reach through partnerships.
Air NZ chairman John Palmer told the airline's AGM in Auckland yesterday that it was pursuing a long-term strategy of extending its global reach without extending its balance sheet.
"In future, partnerships will continue to be a core part of our strategy as we continue to enhance our reach and attract customers on to our services," Mr Palmer said. "The recent formation of the trans-Tasman alliance with Virgin Australia and the purchase of the shares in Virgin Australia demonstrates this strategy in action."
Air NZ announced this week it was taking up an equity derivative in Virgin shares that allows it to increase its stake by up to 5 per cent, subject to foreign ownership limits.
This would take its holding to 19.99 per cent, just below the trigger for a full bid.
The airline has said it does not intend to go beyond this point. However, it is understood it will seek board representation on Australia's second-biggest carrier.
Air NZ chief executive Rob Fyfe said the Virgin trans-Tasman alliance was a key part of the Air NZ's strategy.
Mr Fyfe said it gave the airline a platform to allow it to participate more effectively in the entire Australasian market "with the most extensive network offering in the region".
"The relationship with Virgin Australia is developing well and the early feedback from customers has been positive," he said. "One of our priorities for the near future is to explore opportunities to develop this relationship further."
Mr Fyfe also emphasised the importance of the trans-Tasman market and noted that the success Air NZ was enjoying with its new Seats to Suit fares was far better than expected.
"Load factors have increased despite capacity increasing, which is a great result," he said. "Air New Zealand has captured all the growth in the market since its introduction."
Air NZ also remains confident of an improved result for fiscal 2012. Mr Palmer said: "The board has confidence in the company's ability to adopt through the current volatile conditions and return stronger profitability in the medium term."
2. AIRLINES: Air New Zealand says it is eager to further develop its relationship with Virgin Australia as part of a wider strategy to extend its global reach through partnerships.
Air NZ chairman John Palmer told the airline's AGM in Auckland yesterday that it was pursuing a long-term strategy of extending its global reach without extending its balance sheet.
"In future, partnerships will continue to be a core part of our strategy as we continue to enhance our reach and attract customers on to our services," Mr Palmer said. "The recent formation of the trans-Tasman alliance with Virgin Australia and the purchase of the shares in Virgin Australia demonstrates this strategy in action."
Air NZ announced this week it was taking up an equity derivative in Virgin shares that allows it to increase its stake by up to 5 per cent, subject to foreign ownership limits.
This would take its holding to 19.99 per cent, just below the trigger for a full bid.
The airline has said it does not intend to go beyond this point. However, it is understood it will seek board representation on Australia's second-biggest carrier.
Air NZ chief executive Rob Fyfe said the Virgin trans-Tasman alliance was a key part of the Air NZ's strategy.
Mr Fyfe said it gave the airline a platform to allow it to participate more effectively in the entire Australasian market "with the most extensive network offering in the region".
"The relationship with Virgin Australia is developing well and the early feedback from customers has been positive," he said. "One of our priorities for the near future is to explore opportunities to develop this relationship further."
Mr Fyfe also emphasised the importance of the trans-Tasman market and noted that the success Air NZ was enjoying with its new Seats to Suit fares was far better than expected.
"Load factors have increased despite capacity increasing, which is a great result," he said. "Air New Zealand has captured all the growth in the market since its introduction."
Air NZ also remains confident of an improved result for fiscal 2012. Mr Palmer said: "The board has confidence in the company's ability to adopt through the current volatile conditions and return stronger profitability in the medium term."
3. Pilot whales beach in Duxbury, 1 dies
Three stranded pilot whales were discovered alive on Duxbury beach by a walker earlier this morning but sadly one adolescent male died before the harbormaster could arrive.
“When they arrived they found one already dead and two in shallow water,” said New England Aquarium spokesman Tony LaCasse. “It sounded like a boater helped with the other two whales.”
The Marine Animal Rescue Unit responded to the narrow barrier beach around 8 a.m. and aquarium veterinarian’s performed a necropsy to dissect the 3,000 pound animal and see if any condition contributed to its death, LaCasse said.
“Normally in pilot whales, if you see them in small groups or individually it means there’s usually an underlying health issue,” said LaCasse, who added the blubber layer on the deceased 15-foot whale was a little bit thin.
Pilot whales are typically seen in Cape Cod Bay in pods of 20 to 50 whales, said LaCasse.
Unlike their larger filter-feeding Baleen cousins, Pilot whales are usually found chasing schooling fish like mackerel, herring or squid.
The two whales that survived were not seen by aquarium responders and it was assumed they had moved offshore, where Pilot whales are usually found at this time of year.
Pilot whales are smaller tooth whales with triangular teeth and as adults can grow to 19-feet in length.
4. Dubai's RTA online revenue exceeds Dh150m so far this year
Dubai's Roads and Transport Authority (RTA) has said the revenue collected from its 160 online services in the first nine months of this year has passed Dhs150m, Gulf News has reported. The figure is expected to beat the Dhs174m collected online last year, as the authority is introducing more and more e-services, said Ahmad Behroozian, CEO of the RTA's Licensing Agency.
Neha Jain
Aviation NEWS Reporter
1. Virgin stake a step in Air NZ's global march
AIRLINES: Air New Zealand says it is eager to further develop its relationship with Virgin Australia as part of a wider strategy to extend its global reach through partnerships.
Air NZ chairman John Palmer told the airline's AGM in Auckland yesterday that it was pursuing a long-term strategy of extending its global reach without extending its balance sheet.
"In future, partnerships will continue to be a core part of our strategy as we continue to enhance our reach and attract customers on to our services," Mr Palmer said. "The recent formation of the trans-Tasman alliance with Virgin Australia and the purchase of the shares in Virgin Australia demonstrates this strategy in action."
Air NZ announced this week it was taking up an equity derivative in Virgin shares that allows it to increase its stake by up to 5 per cent, subject to foreign ownership limits.
This would take its holding to 19.99 per cent, just below the trigger for a full bid.
The airline has said it does not intend to go beyond this point. However, it is understood it will seek board representation on Australia's second-biggest carrier.
Air NZ chief executive Rob Fyfe said the Virgin trans-Tasman alliance was a key part of the Air NZ's strategy.
Mr Fyfe said it gave the airline a platform to allow it to participate more effectively in the entire Australasian market "with the most extensive network offering in the region".
"The relationship with Virgin Australia is developing well and the early feedback from customers has been positive," he said. "One of our priorities for the near future is to explore opportunities to develop this relationship further."
Mr Fyfe also emphasised the importance of the trans-Tasman market and noted that the success Air NZ was enjoying with its new Seats to Suit fares was far better than expected.
"Load factors have increased despite capacity increasing, which is a great result," he said. "Air New Zealand has captured all the growth in the market since its introduction."
Air NZ also remains confident of an improved result for fiscal 2012. Mr Palmer said: "The board has confidence in the company's ability to adopt through the current volatile conditions and return stronger profitability in the medium term."
2. AIRLINES: Air New Zealand says it is eager to further develop its relationship with Virgin Australia as part of a wider strategy to extend its global reach through partnerships.
Air NZ chairman John Palmer told the airline's AGM in Auckland yesterday that it was pursuing a long-term strategy of extending its global reach without extending its balance sheet.
"In future, partnerships will continue to be a core part of our strategy as we continue to enhance our reach and attract customers on to our services," Mr Palmer said. "The recent formation of the trans-Tasman alliance with Virgin Australia and the purchase of the shares in Virgin Australia demonstrates this strategy in action."
Air NZ announced this week it was taking up an equity derivative in Virgin shares that allows it to increase its stake by up to 5 per cent, subject to foreign ownership limits.
This would take its holding to 19.99 per cent, just below the trigger for a full bid.
The airline has said it does not intend to go beyond this point. However, it is understood it will seek board representation on Australia's second-biggest carrier.
Air NZ chief executive Rob Fyfe said the Virgin trans-Tasman alliance was a key part of the Air NZ's strategy.
Mr Fyfe said it gave the airline a platform to allow it to participate more effectively in the entire Australasian market "with the most extensive network offering in the region".
"The relationship with Virgin Australia is developing well and the early feedback from customers has been positive," he said. "One of our priorities for the near future is to explore opportunities to develop this relationship further."
Mr Fyfe also emphasised the importance of the trans-Tasman market and noted that the success Air NZ was enjoying with its new Seats to Suit fares was far better than expected.
"Load factors have increased despite capacity increasing, which is a great result," he said. "Air New Zealand has captured all the growth in the market since its introduction."
Air NZ also remains confident of an improved result for fiscal 2012. Mr Palmer said: "The board has confidence in the company's ability to adopt through the current volatile conditions and return stronger profitability in the medium term."
3. Pilot whales beach in Duxbury, 1 dies
Three stranded pilot whales were discovered alive on Duxbury beach by a walker earlier this morning but sadly one adolescent male died before the harbormaster could arrive.
“When they arrived they found one already dead and two in shallow water,” said New England Aquarium spokesman Tony LaCasse. “It sounded like a boater helped with the other two whales.”
The Marine Animal Rescue Unit responded to the narrow barrier beach around 8 a.m. and aquarium veterinarian’s performed a necropsy to dissect the 3,000 pound animal and see if any condition contributed to its death, LaCasse said.
“Normally in pilot whales, if you see them in small groups or individually it means there’s usually an underlying health issue,” said LaCasse, who added the blubber layer on the deceased 15-foot whale was a little bit thin.
Pilot whales are typically seen in Cape Cod Bay in pods of 20 to 50 whales, said LaCasse.
Unlike their larger filter-feeding Baleen cousins, Pilot whales are usually found chasing schooling fish like mackerel, herring or squid.
The two whales that survived were not seen by aquarium responders and it was assumed they had moved offshore, where Pilot whales are usually found at this time of year.
Pilot whales are smaller tooth whales with triangular teeth and as adults can grow to 19-feet in length.
4. Dubai's RTA online revenue exceeds Dh150m so far this year
Dubai's Roads and Transport Authority (RTA) has said the revenue collected from its 160 online services in the first nine months of this year has passed Dhs150m, Gulf News has reported. The figure is expected to beat the Dhs174m collected online last year, as the authority is introducing more and more e-services, said Ahmad Behroozian, CEO of the RTA's Licensing Agency.
NEWZEALAND AVIATION NEWS
Aviation NEWS ByNeha Jain
Aviation NEWS Reporter
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