Wow, such short and rose tinted memories we have..... Ansett would not have survived with or without Air NZ's involvement and that of the NZ taxpayer.
I lost bucket loads of points but at the end of the day, IMHO A-NZ were sold a lemon - once a lemon, always a lemon - the lemon is dead, long live the lemon (just dont try and squeeze it looking for wine if you are A-NZ)
'96 - they forked out 475Mil for 50% holding followed by the additional 50% in 2000.
Lets not forget the following points...
News Corp done their best to kill the airline (oh yeah, there was another owner apart from the Kiwis...

)
News Corp sold the airline as something it wasn't - a healthy company... 767's grounded because of fatigue cracks, short stock, poor industrial relations to name a few...
A-NZ tried to keep the airline afloat and couldn't - NZ Government had to bail out A-NZ to the tune of 885 Million pacific pesos...
A-NZ stock value crashed - mum and dad investors in NZ wear the brunt of the loss with shares plunging massive amounts...
Mr! & Mrs! share portfolio looks like a pack of hammerheads have been sharpening their teeth on it...
We still pay (correct me if I'm wrong) an Ansett Tax - where's that $$$ gone to?
News Corp - NO RESPONSIBILITY - NO CARE
SIA - I believe that their duty of care may have better than A-NZ, I don't believe that SIA would have bought the airline
@ drron - such one eyed a opinion - Hawkes Bay has some goodies as well
I think the get over it statement is the best one yet in this thread...
Mr!
:shock: