Ngāi Tahu Tourism has banned its bid to acquire the Queenstown tourism jet boating business KJet.
The Commerce Commission is seeking submissions on Ngāi Tahu Tourism’s proposed acquisition of Queenstown operator KJet.
The iwi-owned operator of Shotover Jet and Dart River Adventures says the deal would not significantly lessen competition.
The first stage of the $20m Queenstown Marina will officially open this week, offering 85 berths for use complemented by 17 floating buildings.
TAIC is calling on the commercial jet boat industry to address the risk of single points of failure, following an accident that injured two people.
A KJet boat with 11 passengers plus the driver on board was involved in a crash on Sunday morning. Five were flown to hospital.
Queenstown jet boat operator KJet is looking to expand in to the wholesale markets with the appointment of a new international sales manager.