TransportationQantas and Air New Zealand see recovery despite 1H losses
National carriers say international travel to be down even after borders reopen
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
February 25, 2021 13:51 JST
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.