Freedom Air Freedom Air Freedom Air was Air New Zealand Group's low-cost airline which operated from December 1995 to March 2008. It ran scheduled passenger services from New Zealand to Australia and Fiji and charter services within New Zealand. Its main base was Auckland Airport. The airline was established in 1995 as a response to the commencement of discount services between Australia and New Zealand by Kiwi Airlines and started operations on 8 December 1995 with a single Boeing 757. It was formed as South Pacific Air Charters by Mount Cook Airline. By 2004 its fleet had expanded to five Boeing 737-300
Airline air carriers, to rescheme an airlines assets into a profitable organization or liquidating an air carrier of their profitable and worthwhile routes and business operations. Thus the last 50 years of the airline industry have varied from reasonably profitable, to devastatingly depressed. As the first major market to deregulate the industry in 1978, U.S. airlines have experienced more turbulence than almost any other country or region. In fact, no U.S. legacy carrier survived bankruptcy-free. Among the outspoken critics of deregulation, former CEO of American Airlines, Robert Crandall has publicly stated: "Chapter 11 bankruptcy protection filing shows airline industry deregulation was