INDEPENDENT NEWS

Shareholders approval for Airways Corp involvement

Published: Mon 3 Jul 2000 06:37 PM
Shareholding ministers Michael Cullen and Trevor Mallard have agreed to Airways Corporation's continued participation in a consortium that intends to bid for a portion of the UK-based National Air Traffic Services.
"The deadline is approaching for expressions of interest to be submitted to the British Government," Trevor Mallard said.
"Dr Cullen and I have this afternoon agreed to allow Airways Corporation to remain a party to the consortium, in the consultancy role previously agreed to by Shareholding ministers.
"At a latter point in the tender process, the consortium will be required to draw up and submit a Shareholders Agreement.
"That agreement will require the approval of Shareholding ministers, who will be seeking appropriate assurances from the Board that Airways involvement will not in any way detract from the company's core business of providing safe and efficient air navigation systems in New Zealand," Trevor Mallard said.
ends

Next in New Zealand politics

Gordon Campbell on the school climate strike
By: Gordon Campbell
Latest OIA statistics released
By: State Services Commission
New legal action taken against 'Hit and Run' inquiry
By: RNZ
Mokihinui River catchment land to be added to Kahurangi
By: New Zealand Government
An Open Letter from the Youth of Aotearoa
By: SchoolStrike
We're striking and we're doing it right!
By: School strike 4 climate
Wairarapa college students will join international protest
By: Carys Gibbs
Christchurch students to join global Climate Strike
By: SchoolStrike
Climate change protest on school day divides MPs
By: RNZ
Principals seek guidance over students climate strike
By: RNZ
The Nation: National Party leader Simon Bridges
By: The Nation
Student climate change strike gets backing from Gov Minister
By: TVNZ
Gradual transition to sustainable agriculture key - O'Connor
By: BusinessDesk
Renewable power climbs in 2018 despite increased coal burn
By: BusinessDesk
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media