DALLAS – Today in Aviation, Tasman Pacific Airlines (ZQ), operating as Qantas New Zealand, suspended operations in 2001.
Thousands of passengers were left stranded by the collapse. Air New Zealand (NZ) stepped in, announcing it would honor tickets for the airline and add extra flights to assist stranded passengers.
However, the airline’s collapse left more than 1,000 staff without jobs, and creditors owed more than US$100m. according to a 2001 report by nzherald.co.nz.
Source:: “Airways Magazine”