{"id":8723,"date":"2011-01-21T10:02:00","date_gmt":"2011-01-21T10:02:00","guid":{"rendered":"http:\/\/traveloscopy.com\/travel-news\/air-new-zealand-buys-substantial-stake-in-virgin-blue-2\/"},"modified":"2011-01-21T10:02:00","modified_gmt":"2011-01-21T10:02:00","slug":"air-new-zealand-buys-substantial-stake-in-virgin-blue-2","status":"publish","type":"post","link":"https:\/\/traveloscopy.com\/travel-news\/2011\/01\/air-new-zealand-buys-substantial-stake-in-virgin-blue-2\/","title":{"rendered":"Air New Zealand buys &quot;substantial stake&quot; in Virgin Blue"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/topnews.net.nz\/images\/Virgin-Blue-Air-New-Zealand.jpg\"><br \/>Air New Zealand has just notified the ASX that it has become a substantial shareholder in Virgin Blue.<\/p>\n<p>NZ ceo Rob Fyfe said there&#8217;s no intention to make a full takeover bid for the carrier, but said the share purchase &#8220;is part of Air New Zealand&#8217;s strategy to develop scale and reach in this region&#8221;.<\/p>\n<p>Air NZ has obtained Foreign Investment Review Board approval to purchase up to 14.99% of Virgin Blue.<\/p>\n<p>&#8220;This investment cements the emerging relationship between our two airlines and demonstrates the confidence we have in Virgin Blue both as an entity and as a partner for Air New Zealand,&#8221; Fyfe said.<\/p>\n<p>More information in tomorrow&#8217;s <a href=\"http:\/\/www.traveldaily.com.au\/\">Travel Daily<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Air New Zealand has just notified the ASX that it has become a substantial shareholder in Virgin Blue. NZ ceo Rob Fyfe said there&#8217;s no intention to make a full takeover bid for the carrier, but said the share purchase &#8220;is part of Air New Zealand&#8217;s strategy to develop scale and reach in this region&#8221;. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8723","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/posts\/8723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/comments?post=8723"}],"version-history":[{"count":0,"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/posts\/8723\/revisions"}],"wp:attachment":[{"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/media?parent=8723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/categories?post=8723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/traveloscopy.com\/travel-news\/wp-json\/wp\/v2\/tags?post=8723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}