Our online marketplace, available at http://www. Exact fares for Pacific Premium Economy have yet to
be finalized, but are likely to be around 25 percent more than Pacific
Economy. Air New Zealand now offers non-stop service
three times a week from San Francisco to Auckland and Los Angeles to
Christchurch, the gateway to New Zealand's South Island.

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The first of Air New Zealand's new 777
aircraft is expected to be in service in October.

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Air New Zealand Reveals Premium Economy Class and New Cabin Names; Travellers from North America and United Kingdom First to Experience New Long-Haul Product

"New planes, new in-flight
entertainment systems, new seats , new uniforms and a new food and
beverage service are just some of the developments we are working on
to enhance our long-distance offerings.

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United
Mileage Plus, US Airways Dividend Miles and Air Canada's Aeroplan
members earn and redeem mileage on selected flights.

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The shares in the offering will be offered by LoopNet and certain selling
stockholders.

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A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.

Pacific Premium Economy: Air New Zealand's newest class of
travel, will be located in the premium cabin and feature the
largest pitch in its class at 39 to 40-inches, a generous
seat-width and on-demand entertainment on a personal
8.

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In addition
to its "Business Premier" and "Pacific Economy" Classes, Air New
Zealand has established a "Pacific Premium Economy" Class, making it
the only airline to offer premium economy seating on flights to New
Zealand. The refit of the first aircraft is expected to begin in
April and be flying by July. Visit Air New Zealand online at
www.

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The number of shares to be offered and the price range for the
offering has not been determined. It will feature the revolutionary lie-flat seats, which
includes a comfortable, 22-inch-wide leather armchair that
converts into a 6-foot, 7.

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LoopNet Files for Initial Public Offering

Copies of the preliminary prospectus for the offering, when available, may be
obtained from Credit Suisse Securities (USA) LLC, Prospectus Department, One
Madison Avenue, New York, NY 10010. The readers of
leading travel magazines consistently rate Air New Zealand among the
world's best international airlines.

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5-inch bed, an ottoman footrest that
doubles as a visitor's seat, direct aisle access for all
passengers , in-seat power and a high resolution 10. Customers will enjoy many of
the comforts of the premium cabin, including the same beverage
service, LED mood cabin lighting and in-seat power for
electrical devices.com/canada or call
1-800-262-1234 in the USA and 1-800-663-5494 in Canada.

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Pacific Economy: Air New Zealand's refreshed economy class
will feature on-demand entertainment with 8.4-inch
high-resolution in-seat video screens and offer travellers
more personal space with its 34-inch seat pitch, one of the
most generous of any long-haul carriers flying into New
Zealand from North America.

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This press release
shall not constitute an offer to sell or the solicitation of an offer to buy
nor shall there be any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. By connecting the sources of commercial real
estate supply and demand in an efficient manner, we believe that LoopNet
enables commercial real estate participants to initiate and complete more
transactions more cost -effectively than through other means.

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SAN FRANCISCO, LoopNet, Inc., and Pacific Growth Equities , LLC acting as co-managers.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective.----Air New
Zealand today announced the new range of classes that will be
available to travellers on its fleet of refitted Boeing 747-400
aircraft and eight new Boeing 777-200 aircraft this year.4-inch
screen to view the on -demand entertainment system.

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About Air New Zealand

Air New Zealand offers more direct flights to the South Pacific
than any other airline, including flights from Los Angeles to New
Zealand , the United Kingdom, Australia, Fiji, Tahiti, the Cook
Islands, Tonga and Samoa.

This category contains links to countries within Oceania that have real estate sites.

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com,
enables commercial real estate agents, working on behalf of property owners
and landlords, to list properties for sale or for lease by submitting detailed
property listing information in order to find a buyer or tenant. LoopNet also
delivers technology and information services to commercial real estate
organizations to manage their online listing presence and optimize property
marketing.

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LoopNet is the leading online marketplace for commercial real estate in
the United States, based on the number of commercial property listings and
registered members.

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Business Editors/Travel Writers

EL SEGUNDO , Calif. Enhancements to each of the cabins will include:

Business Premier: Air New Zealand's replacement class for its
First and Business Class long-haul products will provide
customers luxurious comfort and service at a Business Class
price.

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"This is just the beginning," said Gus Gilmore, vice president of
Air New Zealand - The Americas. It has been quite a journey
and we look forward to delivering a superior product to our customers
in the second half of this year.
The $112 million upgrade of the 747 fleet is already in progress,
with suppliers well into production of key components including seats
and interiors.

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4-inch-high resolution screen .

Based on sales dates, final pricing and exact aircraft
configuration for all three classes will be announced over the
upcoming months.

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announced today that
it has filed a registration statement with the Securities and Exchange
Commission relating to a proposed initial public offering of its common stock.LoopNet. Commercial
real estate brokers, agents, buyers and tenants use the LoopNet online
marketplace to search for available property listings that meet their
commercial real estate criteria."
The new three-class configuration is expected to be available on
flights from San Francisco to Auckland by August 2005, then on flights
from Los Angeles to Auckland and Los Angeles to London by end of the
year.

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Credit Suisse Securities (USA) LLC will serve as the sole book-running
manager for the offering, with Thomas Weisel Partners LLC, Pacific Crest
Securities Inc.

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airnewzealand .