Air New Zealand takes aim at ACCC; 'great risk' of becoming marginalised says CEO

Air New Zealand CEO Rob Fyfe took the opportunity at Friday's annual shareholders meeting in Auckland to blast the Australian Competition and Consumer Commission (ACCC) for its draft decision to deny the airline's trans-Tasman alliance proposal with Virgin Blue. He noted that the alliance with Virgin Blue was a "critical plank" of the airline's strategy that was designed to "mitigate the structural disadvantages we face as a result of the accelerating pace of global consolidation".