Dubai seeks to ditch Auckland Airport bid

LATEST: Dubai Aerospace Enterprise is looking to pull out of its amalgamation proposal with Auckland International Airport.
Opinion: DAE – AIA merger dying a messy deathThe airport last night received a notice from DAE which claimed the recent legal proceedings filed by Air New Zealand seeking a judicial review of Auckland Airport’s aeronautical pricing process constitute a ‘prescribed occurrence’ under the merger implementation agreement between DAE and the airport.

In accordance with the MIA a consultation period of five business days will now commence and if the parties are unable to reach agreement either party may terminate the MIA.

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