AIAL news

Some interesting moves of note from Auckland International Airport.  These have impact on the trans-tasman and domestic aviation markets.

They have invested in Queenstown Airport

Auckland International Airport said on July 8 that it is investing in a 24.99 percent shareholding in Queenstown Airport by subscribing for new shares for $27.7 million.
It has an option to increase the holding to 30 percent to 35 percent at any time up to June 30, 2011.

And have also suspended the construction of their second runway

Auckland International Airport has suspended construction on its second runway following consultation with the airline industry, saying it will make more effective use of peak-time capacity on the existing runway.

Queenstown Airport investment article HERE and local reaction HERE
2nd runway suspension article HERE