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Re: [sharechat] ANSETT: MARK 2

From: "Jeremy" <>
Date: Wed, 26 Sep 2001 18:26:46 +0800

> I have just been watching SKY NEWS AUSTRALIA and Aussie Transport Minister
> has just given a live announcement that sees ANSETT Airlines back in the
> this week serving the major Aussie Trunk lines to help ease the predicted
> forecast of passengers during the next 3 months (in conjunction with
> and Virgin). This deal has been put together with its Administrators. It
> also thought by Ansett resuming flying, that a new potential buyer may
> become interested in either purchasing the airline or putting money in. He
> also mentioned that they will require the help of the unions - in other
> words - get your people working. The flights will be low cost budget no
> frills flights. He is also hoping that Air NZ fulfills its obligations to

You are looking at maybe 10% of the Ansett craft flying again.  It is an
exercise to keep value in the Ansett brand.  It won't make money.  It won't
affect the overall carriage of people.

They have 143 aircraft.  They will get between 5 and 10 running again till
such time as they can dispose of the assets or sell the brand and perhaps
some assets to someone with an awful lot of money to spare.



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