Qantas and Air New Zealand see recovery despite 1H losses

National carriers say international travel to be down even after borders reopen

20210225 Qantas

Qantas Airways saw a sharp turnaround in its freight division as the lack of international flights created a temporary shortage of cargo space due to increased demand. © Reuters

PRASHANT MEHRA, Contributing writer

SYDNEY -- Qantas Airways and Air New Zealand said separately on Thursday that they were confident international travel would return later this year, led by a rollout of coronavirus vaccines, even as the two carriers reported hefty losses as travelers stayed home for much of 2020.

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