I am suprised the case of Air New Zealand has not featured more prominently to illustrate that the purported paradigm of government inefficiency in SOE enterprises was simply ideology and politics mixed together...
Correct, and I totally agree, I suppose you could say it's the idea of traditional nationalisation v a Govt owned company run on a commercial basis. For the sake of accuracy the Govt of the day in NZ had the issue land in their lap so to speak...it wasn't some genius or political brilliance at play, they are still the same old self interested politicians.