Wednesday August 7, 5:05 AM
NZ PRESS:
Businesses Lobby Against Qantas Stake In Air NZ
WELLINGTON (Dow Jones)--Some of the country's most powerful businessmen are supporting a campaign to keep Air New Zealand out of the hands of Australia's Qantas Airways , the New Zealand Herald newspaper reports. The campaign, launched by Wellington investment banker Lloyd Morrison in July, has gathered steam as the negotiations over a Qantas bid for up to a 25% stake in Air New Zealand near conclusion. Among those backing the campaign are Fonterra Chief Executive Craig Norgate, Sky Television founder Craig Heatley, Warehouse founder Stephen Tindall, JB Were managing director Clark Perkins and Auckland commercial lawyer Andrew Harmos, the newspaper said. Peter Dunne, leader of the United Future party, which has emerged as parliamentary power broker after the July 27 election, has also been asked for support.
Newspaper Web site:
http://www.nzherald.co.nz