Air New Zealand Surprise at Calculations

11th Jun 2003

Air New Zealand is surprised at the revised calculations published today by the Commerce Commission in relation to the economic effects of the proposed Alliance with Qantas. Since the draft determination was released in April, Air New Zealand has disagreed with the Commerce Commission’s economic modelling and has worked with the Commission following our identification of significant miscalculations.
The Commission’s surprise release of its revised calculations suggest that there continue to be fundamental differences surrounding the correct approach to quantify the net public benefits of the Alliance. Air New Zealand’s own conclusions will be contained in its detailed submission being provided to the Commission next Friday 20 June.



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