TG992 From New Zealand, joined Jan 2001, 2910 posts, RR: 10
Reply 2, posted (13 years 10 months 6 days 8 hours ago) and read 1042 times:
Basically, they started up competition as a full service airline, competing with Air New Zealand, which at that stage had complete dominance and a monopoly of the domestic NZ market.
They had hot meals, jetbridges, the works. They started haemorrhaging money right from the get go, had about 2 years profitability 6 years later, started losing money again, then went belly-up owing about 60 million or something.
If they'd concentrated on being a budget low-fares airline, servicing the main trunk routes, they probably woulda been ok. But they went all-out, weren't good enough at it, and died as a consequence.
QantasAirways From Australia, joined Mar 2001, 1280 posts, RR: 3
Reply 3, posted (13 years 10 months 5 days 21 hours ago) and read 1030 times:
Dont forget that Qantas New Zealand had NO diplomatic relations whatsoever with Qantas Airways of Australia - however Qantas granted them the trademark. There is no real relationship between them.