Oh dear!!
Sounds like if this litle stunt hurts Air NZ then the Commerce Commission just may have to approve QF buying into Air NZ to avoid huge losses in the future.Besides, the Commerce Comm wanted competition in NZ didnt they???
Now they got it.
Having to fork out over NZ$107 million to the HK government is going to really hurt also.
Just maybe the Air NZ board may have to come cap in hand to Helen for yet another capital injection.
Isnt that what Aeroflot and the Eastern block operators used to do??