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Threat of competition hits Air NZ stock

2015-06-11 00:41:43| Airlines - Topix.net

Shares fall 5 per cent after American Airlines deal with Qantas but travel rep says move would boost overall market. Air New Zealand shares fell by nearly 5 per cent after news that it could face competition on its lucrative direct routes to the United States from the world's biggest carrier, American Airlines.

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