Air NZ gets $150m cargo subsidy

Air NZ gets $150m cargo subsidy
The airline has been award support for 65 flights per week to destinations in Asia, North America, and key Pacific ports. (Photo: BusinessDesk)
Staff reporters
Air New Zealand will get another five months of support for cargo flights worth $150 million under a government scheme to maintain air freight capacity while the borders are closed.The Maintaining International Air Connectivity (MIAC) scheme follows on from the Air Freight Capacity scheme, which subsidised air freight in the absence of passenger flights which make it economical.MIAC provides financial assistance to all airlines that are awarded cargo flights, to support the cost of international flying.It helps NZ stay connected to global trade...