A teleconference is said to have taken place on Thursday, following the three to five-day High Court hearing concerning the Queenstown Airport Corporation and Auckland International Airport Ltd, which is due to take place next year.
A public announcement was made on July 8, about the creation and vends of 24.99% new shareholding by the QAC to the Auckland Airport for $27.7 million. There are speculations that Auckland intends to enhance its shareholding to about 30% and 35% by June 30, next year.
The teleconference involved Air New Zealand Ltd and Queenstown Community Strategic Asset Group Trustee Ltd (QCSAG). The defendants, the Queenstown Lakes District Council, Queenstown Airport Corporation and Auckland International Airport Ltd, too were said to be present.
Applications were reportedly lodged by the QCSAG and Air New Zealand with the High Court at Invercargill, asking them to go in for a judicial review and, restrict the Queenstown Airport from issuing any more shares.
There is still a doubt if the Government and the High court have been ignoring the plea being made by the public.
Justice French said "After hearing from counsel, I decided that the most appropriate course of action was to defer timetabling until after the conclusion of discovery and inspection".
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