Air NZ to liquidate Ansett

Air New Zealand now plans to liquidate Ansett and form a new cut-price airline.

Air New Zealand is seeking an urgent response from the Australian Government on a proposal that it underwrite the operations of Ansett on a temporary basis.

It says the move would help save jobs.

Air New Zealand also says it will establish a new low-cost, low-fare airline to be called Ansett Two to compete with Qantas and Virgin Blue in Australia.




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RichardMEL, UA 1K
A Star Alliance Member.