INDEPENDENT NEWS

Ansett Australia decision

Published: Fri 14 Sep 2001 04:13 PM
14 September 2001
Media Statement
Ansett Australia decision
Acting Prime Minister Jim Anderton has expressed sympathy for Ansett employees and others in related service industries affected by the decision to place the airline in voluntary administration.
"The New Zealand Government regrets that this decision has left many ordinary Australians facing personal and financial difficulties through no fault of their own.
"Ansett has a long and proud tradition in Australian aviation.
"This is not the outcome the New Zealand Government would have wished for. The decision to place Ansett in voluntary dministration was taken by the board of a privately-owned airline. The Government worked hard with the Government of Australia to help the owners achieve a different solution.
"Ansett Australia was already struggling at the time that Air New Zealand completed its purchase last year. Since then it has lost value rapidly.
"As Dr Cullen has outlined today, unfortunately, there was nothing the New Zealand Government could to to change that," Jim Anderton said.
ENDS

Next in New Zealand politics

Penny Drops – But What About Seymour And Peters?
By: New Zealand Labour Party
PM Announces Changes To Portfolios
By: New Zealand Government
Just 1 In 6 Oppose ‘Three Strikes’ - Poll
By: Family First New Zealand
Budget Blunder Shows Nicola Willis Could Cut Recovery Funding
By: New Zealand Labour Party
Urgent Changes To System Through First RMA Amendment Bill
By: New Zealand Government
Global Military Spending Increase Threatens Humanity And The Planet
By: Peace Movement Aotearoa
View as: DESKTOP | MOBILE © Scoop Media