QAN 0.49% $6.09 qantas airways limited

air nz venture decision out today

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    From The Age on-line


    Air NZ shares in trading halt
    September 20, 2004 - 7:44AM

    Shares in Air New Zealand have been placed in a trading halt.

    Air NZ requested its shares be placed on the halt ahead of a High Court announcement on the airline's proposed tie-up with Qantas.

    Air NZ and Qantas had appealed a Commerce Commission decision that blocked their proposed alliance.

    The court's decision is expected between 1pm and 2pm today.

    Air NZ shares last traded at $1.85 on Friday.
 
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