2002 · May 30. Qantas says it is in talks to acquire a minority shareholding in Air New Zealand. · Nov 25. Qantas says it is to take a 22.5 per cent stake in Air NZ in a wide ranging strategic alliance. The Australian Competition and Consumer Commission warns that alliance appears anti-competitive. · Dec 9. Air NZ says the alliance with Qantas is needed to avoid a "war of attrition". · Dec 18. NZ Government says it supports alliance, but awaits competition ruling.