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NZ government to spend NZ$330 million to keep air freight capacity available on key routes

Devender Grover by Devender Grover
March 24, 2020
in Associations
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Air New Zealand Ltd. planes are parked at Auckland International Airport in Auckland, New Zealand on Friday, Oct. 10, 2008. Air New Zealand is the nation's biggest airline. Photographer: Brendon O'Hagan/Bloomberg News NZH 30Nov11 - Air New Zealand has announced that it is slashing prices on its domestic routes.

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The New Zealand government says it will spend NZ$330 million ($188 million) to keep air freight services operating and to ensure air freight capacity is available on key routes for the next six months.

The six months of funding is part of the billions of dollars that the government is planning to spend to maintain essential services and soften the severe economic blow of the Covid-19 pandemic.

“We recognize how important it is to continue the flow of critical imports like medicine, and also support our exporters,” said Transport Minister Phil Twyford.

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“The rest of the world still want our food products like milk and meat,” he said.

The government is asking airlines and other air freight businesses to submit proposals for financial support that would allow them to operate freight services on key routes. It said air freight operators could also play a part in repatriating New Zealanders who are stranded overseas due to the shutdown of most passenger flights.

Air New Zealand, which received a NZ$900 million line of credit from the government last week, is expected to play a significant role in maintaining freight services.

Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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