Air cargo was a bright spot for Air New Zealand last year, thanks in large measure to government aid for flights geared toward cargo.
At least two governments, Australia and New Zealand, are helping to correct distortions in the airfreight market.
Travel demand has plummeted in Australia and New Zealand, as it has elsewhere, and major carriers to the island nations are quickly matching their footprint to business levels.
Airline Garuda Indonesia has been ordered by an Australian court to pay A$19 million (US$13.14 million) in penalties for air cargo price fixing as part of a massive international cartel. Australian penalties of A$132.5 million (US$91.64 million) have so far been levied against 14 airlines.
