Ansett Australia decision
Friday, 14 September 2001, 4:13 pm
Press Release: New Zealand Government
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
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