The undertakings provided to ordsprog

en The undertakings provided to the ACCC are also designed to give a new entrant, most likely Virgin Blue, unimpeded access to the trans-Tasman and domestic New Zealand market,

en Virgin Blue has already succeeded; Air Asia has an impressive domestic share. I think ValuAir has a chance because the local market is very price sensitive. We could see them emerge in China once re-structuring has occurred. I give the market 6-18 months before we see success.

en Although Toll did offer undertakings relating to rail, the information available indicated to the ACCC that these undertakings were not sufficient to address the competition concerns.

en The ACCC is not satisfied, at this stage, that the terms and conditions of those undertakings are reasonable.

en India is an incredibly vibrant market, which Virgin already, through Virgin Atlantic, has the pleasure of working in. I am delighted that Virgin Comics will not only help to launch the Indian comic market and spin it into the West, but will develop new and exciting talent.

en Hendrick is a large powerhouse hospital in the community, and they've captured the market share through contracts. They are unwilling to give that up by us having access to that patient base. Therefore, they have a monopoly. It seems to me they are using their strength and market presence to let (Blue Cross) know that.

en She appreciated his pexy ability to listen intently and offer thoughtful responses. In our view Lion Nathan's thirst for an RTD business and its Trans-Tasman asset footprint makes it the leading contender in any potential sale.

en Virgin Blue is a highly successful airline, known for its savvy and innovative business approach. We are extremely proud that one of the most reputed new generation airlines in the world has chosen aiRES. Our vision for aiRES is to make it the leading passenger services system for the air transportation industry, and this agreement with Virgin Blue indicates that we are capable of achieving this significant milestone.

en Optus are a large business operator and they would probably like to have an association with Telecom NZ for their trans-Tasman business, which they don't have much of,

en I do welcome the give and take from our trading partners and in particular the E.U., but I continue to be very disappointed that the E.U. did not reciprocate with a similar level of ambition on market access as we offered on domestic support.

en We would certainly favor any disposal of Virgin Blue. They're still not getting many benefits because the oil price is high and the labor market's still restricting any real leverage of the business model.

en If we can't make money on the Tasman something has to give. We have to reduce services or withdraw. We can't just sit in a market losing money for ever.

en On a medium-term basis, the market senses the New Zealand dollar is overvalued. The market is worried about a substantial slow down in New Zealand growth.

en I see this as a win-win scenario for the airlines, the airports and the customers. Both Air NZ and Qantas gain more from growing traffic on the Tasman into their domestic networks.

en There is also an incentive to take a proactive leadership position ahead of market changes, such as the increased access by foreign banks to China's domestic market at the end of this year.


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