Nothing positive to say about the numbers. It's a bloodbath and probably the first of several rounds. I hope it was all completely necessary. Let's see over time whether the right decisions have been made.
It seems on surface that the proclamations of the doomsayers have been accepted at face value. It's not impossible, for example, for Covid-19 to be a distant memory in six months.
But while NZ loves to portray itself as some sort of family business, the reality is it's answerable to the shareholders, and no one else. Taking a risk on a big picture long view is simply not permitted. If you're hemorrhaging money with an uncertain medium term future, you shut it down.
It could be an distance memory in 6 months, the biggest risk will be governments that hold onto restrictions far longer than needed eg New Zealand.... there is only so long that NZ can go on operating with 65% capacity on there A320/321s.
The economy is needing people to travel domesticity, but the social distancing is pushing the costs up prevent people to travel. An weekend in welling for an family of four from Auckland can set you back $1500-2000 in fares at the moment. Where pre-covid you could do this for $500 at an months notice.
Then they aren’t making it simple to get to the airport, SkyBus still isn’t operating (hopefully an reason for them to have there contract axed). AKL isn’t doing any parking deals, Park and Ride is closed.
The faster than New Zealand moves to Level 1 one, the better than chance of us still having an travel industry in 6months time.