News in Brief
News in Brief
Markets
Jetstar muscles into Air New Zealand services to Queensland
Jetstar is launching two new trans-Tasman routes and basing another aircraft in this country to boost and “significantly” expand its New Zealand operations in moves that will help bring down fares.It will fly directly against rival Air NZ with new flights between Auckland and the...
Infrastructure
KiwiRail chair to retire, board to be ‘refreshed’
KiwiRail board chair David McLean will retire at the end of July.Finance Minister Nicola Willis announced McLean’s retirement on Sunday, saying it was unrelated to the Aratere incident.KiwiRail’s Interislander Aratere ferry ran aground in Picton Harbour on Friday. It was refloate...
Law & Regulation
Megaupload execs banned from being company directors until 2028
Former Megaupload executives Mathias Ortmann and Bram van der Kolk have been prohibited from managing or directing any companies for five years, the Ministry of Business, Innovation and Employment (MBIE) says.In June 2022, Ortmann and van der Kolk broke with Megaupload founder Ki...
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