News / Covid cargo surge brings Air New Zealand respite in one of its worst years

As cargo helps New Zealand’s flag-carrier make a comeback, efforts are underway to ensure sufficient airfreight capacity for the country’s key seasonal exports.

In a devastating year for the air industry, Air New Zealand posted its first financial loss in almost two decades and laid off 4,000 staff.

However, with some 80% of New Zealand’s airfreight normally going in bellyholds, a near overnight switch to cargo-only flights has provided a “green shoot” for the the airline, with cargo revenue jumping from 10% ...