Episode 132: Air New Zealand buying Virgin Blue Shares and there's a Balloon in the Bay

There's some interesting news items this week but also one that Grant was somewhat involved with...Air New Zealand is buying up to 14.9% of Virgin Blue's shares which has some wondering if they're trying to get more control and a few remembering how Air New Zealand purchased Ansett before it went under.Air New Zealand have said that by getting more involvment in Virgin Blue, they provide more challenge to Qantas.The RAAF been having some mechanical issues with their Boeing Business Jets which have caused a few diversions yet the media haven't been making a big deal out of it, even though Qantas are involved as Qantas Defence Services own & maintain the aircraft.A hot air balloon has wound up in the bay off Melbourne and had to be rescued by the water police.A KC-30A was performing a test refuel over Spain when the boom fell off the aircraft. Ooops...