'Those advocating a free market approach clearly miss the irony of Air New Zealand's part in Virgin. They would be a distant memory if they had not been bailed out by the NZ Government (who maintained a stake until recently).'
the new zealand government still owns 53% of air new zealand.
http://en.wikipedia.org/wiki/Air_New_Zealand
Share selldown[edit]
During 18–19 November 2013, Fifth National Government reduced its share in Air New Zealand from 73% to 53% as part of its controversial asset sales programme. It made $365 million from this deal.
'Those advocating a free market approach clearly miss the irony...
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