Air New Zealand will soon have the monopoly on direct flights between Auckland and Los Angeles, say two leading travel agencies.

Qantas will end flights from Auckland to Los Angeles in May as part of cost-cutting measures.

Air New Zealand boss Rob Fyfe is backing the airline's struggling service to London but warning of seasonal cuts to the schedule.

The incoming National Government says it will sell partial stakes in state owned enterprises. See what's on offer in this Herald graphic.