Air New Zealand and Qantas withdrew their joint application to codeshare on routes across the Tasman Sea following the negative draft determination issued by the Australian Competition and Consumer Commission (ATWOnline, Nov. 6). The industry in Australia and New Zealand was disappointed by the ACCC's preliminary decision as it appeared to ignore both the "Southwest Effect" and the fact that nine airlines are flying between the two countries. According to the Reserve Bank of New Zealand and ...

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