Quote:
Originally Posted by cw2
Well, if by "sent them bankrupt" you mean "bought an airline with overpaid staff and an aging poorly maintained fleet, then were bailed out by the NZ government while the Australian government refused to help", then yes Air NZ sent them bankrupt. 
The wikipedia page sheds some light - not that I'm biased either...  |
Well Air NZ bought Ansett as a commercial venture - not a bailout - and paid 30% more than Singapore Airlines bid, perhaps a reflection on their commercial nous?
Yes the fleet was old but Air NZ did due diligence as did Sing. Air.
The NZ g'vt bought 80%+ of Air NZ to bail them out - no bail out for Ansett.
Air NZ asset stripped Ansett including their Superannuation Fund - talk to ex Ansett employees who never got paid their full super entitlement.
Anyway back to what this thread is all about - photos - and, my friend, I couldn't resist this one! (If you didn't know it's the founder - Sir Reg Ansett)