Virgin founder says several airlines made approaches over a deal.
Air New Zealand’s tailwinds have turned to headwinds as jet fuel prices recover, competition grows and profit margins shrink. With special feature audio.
The Crown took an 82 percent stake in Air New Zealand at the start of 2002 to save a company reeling from its disastrous investment in Ansett Australia.
Travel industry news also includes Virgin Australia's new international business class cabin and route news of the week. With special feature audio.