Yep Air NZ bought a lemon either through their own stupidity or perhaps arrogance but the damage was allready done and AN was in its death throws and would have gone down with or without help from ANZ. The money went somewhere and it wasn't to the employees or into ANZ's pocket and I don't think that AN was a charity airline and flew for nothing. Placing the blame soley on ANZ and the NZ govt is a little naive though easier as you have someone visible to vent frustrations out on. They are not blameless in any way but are just a smaller player in a big game that were left carrying the baby when it all went pear shaped.