Newmans was a backwater airline in the first place Red. When AN bought it out and established themselves in the market under their own name, with 737/146 aircraft they had, it ran at a loss for twelve years, which probably worked well for the books in Oz, but they always had an uphill battle with NZ matching every ploy they tried, and it never hurt anyone, there or here.
It wasn't until TNT sold their half in AN to Air New Zealand that the governments agreed that Rupert should take sole ownership of AN-NZ for competative reasons.
Thats when it went from bad to worse to what it is today, which brings us all back to square one... Air New Zealand.
If (IF!?) they hadn't got involved, who knows what it would all be like today?
So start to ask the NZ board why your NZ share prices (A or B) are heading south with every minute they trade, and why each and every kiwi tax payer has to help pay out Sir Selwyn (The richest kiwi on earth), until the inevitable happens and they end up in a much worse fate than AN!